World PulseNow
Newsletter

OpenAI plans to build 5 giant U.S. ‘Stargate’ datacenters, a $400B challenge to Meta and Microsoft in the relentless AI arms race

Fortune•Tuesday, September 23, 2025 at 9:06:53 PM
PositiveFinancial Markets
OpenAI plans to build 5 giant U.S. ‘Stargate’ datacenters, a $400B challenge to Meta and Microsoft in the relentless AI arms race
OpenAI is making significant strides in the AI landscape by planning to build five massive 'Stargate' datacenters in the U.S., a move that poses a $400 billion challenge to tech giants like Meta and Microsoft. This initiative, showcased in rural West Texas, highlights the collaboration between OpenAI, Oracle, and SoftBank, aiming to enhance their capabilities in the competitive AI arms race. The announcement not only underscores the growing importance of data infrastructure in AI development but also reflects the confidence in their partnership's potential to drive innovation and growth in the industry.
— Curated by the World Pulse Now AI Editorial System
Read Original

Was this article worth reading? Share it

Recommended Readings
OpenAI, Oracle, SoftBank plan five new AI data centers for $500 billion Stargate project
Investing.coman hour ago
OpenAI, Oracle, SoftBank plan five new AI data centers for $500 billion Stargate project
PositiveFinancial Markets
OpenAI, Oracle, and SoftBank are joining forces to launch an ambitious $500 billion Stargate project, which will establish five new AI data centers. This initiative is significant as it aims to enhance AI capabilities and infrastructure, potentially transforming industries and driving innovation. The collaboration between these tech giants highlights the growing importance of AI in today's economy and their commitment to leading the charge in this rapidly evolving field.
Read full article
via Investing.com
Oracle president Sicilia sells $10.8M in shares
Investing.coman hour ago
Oracle president Sicilia sells $10.8M in shares
NeutralFinancial Markets
Oracle's president, Safra Catz, has sold $10.8 million worth of shares, a move that raises eyebrows in the financial community. While stock sales by executives can sometimes signal a lack of confidence in a company's future, they can also be part of a planned financial strategy. This sale is significant as it reflects the ongoing dynamics within Oracle and the tech industry, prompting investors to consider the implications for the company's performance.
Read full article
via Investing.com
OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power
The Wall Street Journal3 hours ago
OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power
PositiveFinancial Markets
OpenAI is making waves in the tech world with its ambitious plans to expand computing power, showcasing its vision in Texas. This initiative is set to drive a staggering $1 trillion in infrastructure spending, highlighting the company's pivotal role in the ongoing AI boom. Such investments not only promise to enhance technological capabilities but also signal a significant shift in how we approach AI development, making it an exciting time for innovation and growth in the industry.
Read full article
via The Wall Street Journal
OpenAI, Oracle, and SoftBank accelerate Stargate with five new U.S. data centers
Investing.com4 hours ago
OpenAI, Oracle, and SoftBank accelerate Stargate with five new U.S. data centers
PositiveFinancial Markets
OpenAI, Oracle, and SoftBank are making significant strides in enhancing the Stargate project by launching five new data centers across the U.S. This expansion is crucial as it aims to improve data processing capabilities and accessibility, ultimately benefiting various industries that rely on advanced AI technologies. The collaboration between these tech giants highlights their commitment to innovation and positions them at the forefront of the data revolution.
Read full article
via Investing.com
OpenAI expands Stargate AI project with five US sites
Financial Times5 hours ago
OpenAI expands Stargate AI project with five US sites
PositiveFinancial Markets
OpenAI is making significant strides in its Stargate AI project by expanding to five new sites across the United States. This ambitious initiative, which now has a total investment of $400 billion, highlights the growing importance of AI infrastructure in the tech landscape. By establishing these data centers, OpenAI aims to enhance its capabilities and support the increasing demand for advanced AI solutions, making this expansion a pivotal moment for the future of artificial intelligence.
Read full article
via Financial Times
Oracle founder Larry Ellison has pledged to give away 95% of his $393B fortune—but sudden leadership changes fuel a mystery
Fortune6 hours ago
Oracle founder Larry Ellison has pledged to give away 95% of his $393B fortune—but sudden leadership changes fuel a mystery
NeutralFinancial Markets
Larry Ellison, the founder of Oracle, has announced his intention to donate 95% of his $393 billion fortune, a move that has sparked interest and speculation. This pledge is significant as it reflects a growing trend among billionaires to give back to society. However, the recent leadership changes within Oracle raise questions about the future direction of the company and how this might impact Ellison's philanthropic plans. As he has a history of altering his wealth distribution strategies, many are curious to see how this will unfold.
Read full article
via Fortune
Nvidia's $100B OpenAI Deal 'Makes Sense,' Says BlackRock's Jacobs
Bloomberg7 hours ago
Nvidia's $100B OpenAI Deal 'Makes Sense,' Says BlackRock's Jacobs
PositiveFinancial Markets
BlackRock's Jay Jacobs has praised Nvidia's ambitious plan to invest up to $100 billion in OpenAI, emphasizing that this move is beneficial for the overall AI investment landscape. Despite some skepticism about the financial exchanges among major tech players, Jacobs believes that such investments are crucial for advancing technology and innovation. This deal not only highlights Nvidia's commitment to AI but also signals confidence in the future of artificial intelligence, making it a significant development in the tech industry.
Read full article
via Bloomberg
TikTok Deal Tracker: What We Know About Oracle, Silver Lake, More (Updating)
Forbes7 hours ago
TikTok Deal Tracker: What We Know About Oracle, Silver Lake, More (Updating)
PositiveFinancial Markets
The White House has announced that a deal involving TikTok is expected to be finalized soon, with notable Trump-supporting billionaires like Larry Ellison, Marc Andreessen, and Lachlan Murdoch potentially playing key roles. This development is significant as it could reshape the landscape of social media and U.S.-China relations, highlighting the ongoing negotiations and the influence of prominent figures in the tech industry.
Read full article
via Forbes
Nvidia's deal with OpenAI 'looks a lot like financial theatre'
TheStreet7 hours ago
Nvidia's deal with OpenAI 'looks a lot like financial theatre'
NegativeFinancial Markets
Nvidia's proposed deal with OpenAI has sparked significant skepticism, with critics labeling it as 'financial theatre.' This skepticism is important because it highlights concerns about the transparency and intentions behind such high-profile partnerships in the tech industry, raising questions about the future of AI development and investment.
Read full article
via TheStreet
Oracle and OpenAI to expand Texas data center partnership - The Information
Investing.com8 hours ago
Oracle and OpenAI to expand Texas data center partnership - The Information
PositiveFinancial Markets
Oracle and OpenAI are set to expand their partnership in Texas, focusing on enhancing data center capabilities. This collaboration is significant as it highlights the growing importance of AI and cloud computing in the tech industry, promising to boost local economies and create job opportunities. The expansion reflects both companies' commitment to innovation and their strategic vision for the future of technology.
Read full article
via Investing.com
Oracle and Nvidia Lead Market Cap Stock Movers on Tuesday
Investing.com8 hours ago
Oracle and Nvidia Lead Market Cap Stock Movers on Tuesday
PositiveFinancial Markets
On Tuesday, Oracle and Nvidia emerged as the leading stock movers in the market, showcasing significant gains that reflect investor confidence in their growth potential. This is important as it highlights the ongoing strength of tech stocks, which can influence market trends and investor sentiment moving forward.
Read full article
via Investing.com
Pres. Trump on the World Stage| Open Interest 9/23/2025
Bloomberg9 hours ago
Pres. Trump on the World Stage| Open Interest 9/23/2025
NegativeFinancial Markets
In a significant moment for global politics, President Trump criticized the United Nations during his address, claiming it provides nothing but empty words. This statement comes amid concerns from Bain about a potential $800 billion revenue shortfall in the AI sector, despite Nvidia securing a major deal with OpenAI. Additionally, Jerome Powell's upcoming speech regarding the Federal Reserve's strategy adds to the day's economic discussions. Trump's remarks highlight his contentious relationship with international institutions and reflect ongoing debates about the future of AI and economic policy.
Read full article
via Bloomberg
Latest from Financial Markets
Tether targets $500bn valuation with $20bn private funding round
Financial Times20 minutes ago
Tether targets $500bn valuation with $20bn private funding round
PositiveFinancial Markets
Tether is making headlines with its ambitious goal of reaching a $500 billion valuation through a $20 billion private funding round. This move could position Tether as one of the most valuable privately owned companies in the world, highlighting the growing influence and potential of the cryptocurrency market. As digital currencies continue to gain traction, Tether's success could pave the way for further investments and innovations in the sector.
Read full article
via Financial Times
Australia monthly CPI rises 3.0% y/y in Aug, core cools
Investing.com21 minutes ago
Australia monthly CPI rises 3.0% y/y in Aug, core cools
NeutralFinancial Markets
Australia's Consumer Price Index (CPI) saw a year-on-year increase of 3.0% in August, indicating a steady inflation trend. However, core inflation appears to be cooling, which could signal a shift in economic conditions. This is significant as it may influence monetary policy decisions and affect consumer spending, making it a key point for economists and policymakers.
Read full article
via Investing.com
Jimmy Kimmel heads back to late-night television from six-day suspension
Investing.com22 minutes ago
Jimmy Kimmel heads back to late-night television from six-day suspension
PositiveFinancial Markets
Jimmy Kimmel is making his return to late-night television after a six-day suspension, bringing excitement back to his fans. This comeback is significant as it highlights the resilience of late-night hosts and their ability to engage audiences, especially during challenging times. Kimmel's humor and perspective are expected to resonate well, making his return a noteworthy event in the entertainment landscape.
Read full article
via Investing.com
Factbox-What we know about New Zealand’s new central bank governor
Investing.com22 minutes ago
Factbox-What we know about New Zealand’s new central bank governor
NeutralFinancial Markets
New Zealand has appointed a new central bank governor, a significant move that could influence the country's monetary policy and economic stability. This change comes at a crucial time as the nation navigates various economic challenges, including inflation and global market fluctuations. Understanding the new governor's background and approach will be essential for businesses and investors alike, as their decisions will shape the financial landscape in New Zealand.
Read full article
via Investing.com
TikTok child data protection inadequate, Canadian privacy officials say
BBC News24 minutes ago
TikTok child data protection inadequate, Canadian privacy officials say
NegativeFinancial Markets
Canadian privacy officials have raised concerns about TikTok's child data protection measures, stating they are inadequate. While TikTok plans to implement new measures to enhance its platform, the company disputes some of the findings. This issue is significant as it highlights ongoing debates about data privacy and the protection of minors online, which are critical in today's digital landscape.
Read full article
via BBC News
Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports
Investing.com28 minutes ago
Crypto firm Tether eyes $500 billion valuation in major raise, Bloomberg News reports
PositiveFinancial Markets
Tether, a leading cryptocurrency firm, is reportedly aiming for a staggering $500 billion valuation as it prepares for a significant fundraising round. This ambitious move highlights the growing confidence in the crypto market and Tether's pivotal role within it. If successful, this valuation could set a new benchmark for the industry, attracting more investors and further legitimizing cryptocurrencies in the financial landscape.
Read full article
via Investing.com