Latest about Stargate
Premium Money was pouring into the region, as well as plenty from its own coffers, until the war.
Backlash now covers county resolutions, bipartisan state legislation, and a regional water authority refusing to serve proposed facilities.
It seems that building and owning its own infrastructure is too expensive for OpenAI.
IRGC spokesperson threatens the “complete and utter annihilation” of U.S. and Israeli facilities. Singles out the $30bn Stargate AI data center.
Premium Oracle and OpenAI dropped plans to expand their flagship Stargate campus in Abilene, Texas, beyond its committed 1.2-gigawatt build earlier this month.
In a statement posted to X today, Oracle said it and developer Crusoe are “operating in lockstep” to deliver one of the world’s largest AI data centers at the Abilene campus.
Financing terms and swinging OpenAI capacity forecast collapse a major expansion of a Stargate data center. Yet, Meta could take the yet-to-be-expanded space.
OpenAI, Oracle, and SoftBank have reportedly spent several months negotiating over who would have ultimate control of the data centers planned for Stargate.
