Grid interconnection delays, not electricity shortages, are slowing AI data center construction, with projects like Stargate in Abilene, Texas, facing multi-year waits for utility studies and transmis…
The AI buildout is being slowed by grid interconnection bottlenecks, not a lack of electricity. Projects like OpenAI and Softbank's Stargate in Texas require up to 1.2 gigawatts, but median interconne…
SoftBank, OpenAI, and Oracle are converting a former auto plant in Lordstown, Ohio into an advanced AI data center as part of the Stargate initiative, which expanded with five new US sites targeting n…
The AI buildout is bottlenecked by energy, not a shortage of electricity, but the inability to connect data centers to the grid. The interconnection process is backlogged, with median wait times jumpi…
A small company, 2Brains Inc., claims to have solved AI hallucinations architecturally, challenging the prevailing industry belief that scaling compute will fix the problem. The company's approach, wh…
The Saline Township board in Michigan approved a $16 billion data center for Oracle and OpenAI after being sued by developer Related Digital, which claimed exclusionary zoning. The 1.4-gigawatt facili…
OpenAI is leaning toward a 2027 IPO after CFO Sarah Friar warned the company isn't ready for public markets, citing a $3.7 billion cash burn in Q1 2026 and trillions in infrastructure commitments. The…
SoftBank CEO Masayoshi Son dismissed fears of an AI bubble as 'blasphemy' during his company's annual general meeting, arguing that AI's potential is just beginning. SoftBank has invested over $64 bil…
Oracle cofounder Larry Ellison quietly donated about $45 million to a pro-Trump nonprofit during the 2024 campaign, according to The Wall Street Journal. Since then, Oracle has secured major governmen…
Softbank CEO Masayoshi Son dismissed Elon Musk's idea of building AI data centers in space, arguing that the high cost and long timeline make it impractical. Son emphasized that Softbank is focused on…
Meta and Microsoft have each committed approximately $50 billion in new data center leases, pushing total infrastructure obligations across major cloud providers past $700 billion and approaching $850…
SoftBank CEO Masayoshi Son dismissed Elon Musk's plan for orbital data centers, saying the costs would outweigh the benefits and that the AI race will be decided on Earth. Son's comments came as Space…
DTE Energy has secured data center contracts totaling over 8 GW, including a 1.4 GW project backed by OpenAI, Oracle, and Related Digital, making it a top beneficiary of AI infrastructure investments.…
Oracle announced Wednesday it will raise an additional $40 billion in debt and equity financing next fiscal year, adding to the $43 billion in debt it already raised, as the company ramps up spending …
OpenAI is negotiating to lease a planned 10-gigawatt data center in Ohio, with Nvidia potentially serving as a financial guarantor for the project. The site, developed by SoftBank-owned SB Energy on f…
XAI has formed partnerships with Anthropic and Google to provide massive datacenter capacity, with fees reaching $1.25 billion per month for 300 MW of capacity. The deals, which include cancellation c…
SoftBank founder Masayoshi Son has committed approximately $87 billion to build AI data centers in France, marking a resurgence after his WeWork losses. Son also chairs the $500 billion Stargate AI in…
Walbridge, OpenAI, Oracle and partners broke ground this week on the $16 billion Stargate data center campus in Saline Township, Michigan, marking what Oracle and Related Digital call the largest sing…
Job postings requiring both physical security and data centre expertise have nearly quadrupled since early 2020, driven by the AI infrastructure boom, according to a Business Insider report cited by I…
The treasurer of Saline Township, Michigan, resigned in tears after receiving death threats related to the construction of a $16 billion Oracle and OpenAI data center. The threats escalated after the …