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AI, Texas and Data Center
OpenAI’s $100 Billion Stargate Data Center in Texas Is Only Set to Employ 57 People
Despite its massive scale, Stargate intends to employ “at least” 57 full-time employees earning an average wage of just $57,600 annually, according to documents seen by Bloomberg regarding the ambitious data center project.
Data centers are booming in Texas. What does that mean for the grid?
The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have turbocharged the expansion of data centers, driving up a surge in electricity demand in Texas and across the country.
Trump's AI push puts data-center bonds in focus
Investors aren't getting a whole lot of extra compensation on highly rated corporate bonds these days with spreads near historic lows. But securitized products, a catch-all for bonds that finance aircraft,
Stargate's First Data Center Site is Size of Central Park, With At Least 57 Jobs
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen by Bloomberg News. Or
Stargate's first data center located in Texas, with some 57 jobs
In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the US$100 billion Stargate venture from OpenAI, SoftBank Group and Oracle is taking shape.
Meta to spend up to $65B on massive AI data center
Mark Zuckerberg wants you to know he has a big AI data center, too
Zuckerberg expects to invest as much as $65 billion to further Meta’s AI ambitions, which includes a data center ‘so large it would cover a significant part of Manhattan.’
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into AI.
Meta to Invest Up to $65B in 2025 Into Data Center, AI
Meta Platforms plans to invest up to $65 billion in capital expenditures in 2025 to expand efforts related to data centers and artificial intelligence. Chief Executive Mark Zuckerberg said the social-media company will build a 2-gigawatt-plus data center and will end the year with more than 1.
1h
on MSN
Elon Musk’s xAI is buying equipment — and getting a tax break — for an X data center in Atlanta, documents show
It's the first step that Elon Musk’s artificial intelligence company has taken into Georgia, and is the latest indication of ...
2h
Reliance plans world’s biggest AI data center in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a ...
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Behind $500 billion AI data center plan, US startups jockey with tech giants
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts ...
2d
Could more data centers come to Oklahoma? UAE-based company announces $20B investment plan
A UAE investment firm planned to expand across eight states in the sunbelt. Government officials commented on the potential ...
2d
Amazon spends $102 million in Ohio for data center land. Are server farms, data centers the same?
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different?
2d
on MSN
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Finance & Commerce
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Data center project moves ahead in Eagan
A proposed data center project in Eagan has cleared another hurdle and is on track for a potential spring construction start.
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