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"To support our bull case, we believe that [Oracle] will likely raise incremental debt (we are assuming an additional $20bn of debt) to meet this bull case, which at a 5% interest rate would increase ...
OpenAI and Oracle have announced an agreement to build out 4.5 gigawatts of U.S. data center capacity as part of the $500 billion Stargate project.
The 4.5 gigawatt commitment will create more than 100,000 construction and operations roles in the U.S., according to a ...
Shares of Nvidia and other semiconductor stocks are trading lower Tuesday. The stock is lower amid investor concern over the ...
Forced by the stalled $500B Stargate project with SoftBank, OpenAI is reopening its $40B funding round to seek urgent ...
The UK government aims to expand AI use in government services like justice and education, building on its January launch of ...
SoftBank, OpenAI and Oracle committed to invest $100B in AI infrastructure, but the latter two firms have since moved forward ...
Photo: Alamy President Donald Trump announced a multi-billion-dollar investment from a major medical company on Tuesday, ...
Shares of Advanced Micro Devices are trading lower Tuesday afternoon. The stock is caught in a broader downturn affecting the ...
On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices ...
In a world where data is the new oil, OpenAI just struck a deal with Oracle to dig deep into the earth and pump out some serious gigawatts—4.5 to be exact. This ambitious partnership aims to augment ...
The Wall Street Journal reported today that OpenAI and Softbank have not been able to agree on key issues regarding the ...
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