On Wednesday, Rep. Brett Guthrie (KY-02), chairman of the Committee on Energy and Commerce, issued the following statement after the White House announced a $500 billion investment by private ...

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the ...

OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment ...

Elon Musk soured Pres. Donald Trump's $500B AI infrastructure announcement with "good authority" the funds were not secured.

On his first full day in office, President Donald Trump announced a half-trillion-dollar AI initiative that will begin at ...

Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount ...

Tech giants are backing a massive effort, announced by President Trump and dubbed the Stargate Project, to add data centers ...

OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.

The new entity, Stargate, will start building out data centers and the electricity generation needed for the further ...

OpenAI, SoftBank and Oracle will fund the creation of 10 facilities during the initial phase of the Stargate initiative, with ...