Oracle has unveiled a $30 billion annual deal with OpenAI, fueling a major expansion in global data centers. With soaring demand and massive investment, Oracle expects rapid growth in cloud infrastructure, aiming to become a global leader in cloud services.
SoftBank aims to spearhead the artificial super intelligence era, highlights CEO Masayoshi Son. With strategic partnerships involving OpenAI and Arm, SoftBank envisions establishing a global AI platform akin to the dominance seen in tech giants like Microsoft.
OpenAI is advancing AI infrastructure in India through its ‘OpenAI for Countries’ initiative, aiming to enhance regional capabilities. Collaborating with Indian officials and the Ministry of Electronics and Information Technology, OpenAI seeks to replicate success achieved in the UAE.
Crusoe is investing $11.6 billion to expand its Stargate AI campus in Texas, aiming to power next generation AI with renewable energy and advanced infrastructure. Backed by major partners, the project will house hundreds of thousands of Nvidia GPUs and create thousands of jobs.
The UAE is partnering with top US tech firms to build a massive AI data center in Abu Dhabi. Dubbed the UAE Stargate, the project aims to deliver five gigawatts of AI power and expand globally, aligning with a larger US initiative to boost AI infrastructure across key sectors.
Microsoft has canceled several planned data center projects across the U.S. and Europe, totaling around 2 GW of capacity. Analysts suggest this signals an oversupply or strategic cost-cutting amid AI investment concerns. While Microsoft remains committed to AI, the move raises questions about market stability.
OpenAI is reducing its Microsoft dependency by partnering with SoftBank for compute needs by 2030, via the Stargate project. This switch will decrease reliance on Microsoft, with SoftBank’s $30 billion investment crucial for AI data centers.
SoftBank is investing $25 billion into OpenAI, launching SB OpenAI in Japan to deliver AI-powered enterprise solutions under the Cristal intelligence brand. Partnering with Arm for scalable AI integration, the venture targets major Japanese corporations.
Japan’s SoftBank and OpenAI are negotiating a major deal that could position SoftBank as the largest shareholder of the ChatGPT creator, surpassing Microsoft’s current stake. With a potential $15-25 billion investment, SoftBank aims to strengthen its foothold in the AI market.
