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The Latest Breaking News from Stargate

Elon Musk Questions OpenAI's 'Nonprofit' Status After $500 Billion Valuation, Nvidia's $100 Billion Deal And AMD Stake

Earlier this week, Elon Musk reignited his criticism of OpenAI's corporate structure after a post highlighted the company's soaring valuation and deep partnerships with tech giants like Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD).

Benzinga

OpenAI Taps Samsung And SK Hynix For Massive AI Data Push, Including New Korea Data Center

Samsung Electronics (OTC:SSNLF) and SK Hynix bagged initial deals on Wednesday to supply chips and equipment for Microsoft (NASDAQ:MSFT) backed OpenAI's Stargate project, reinforcing their dominance in advanced memory chips for artificial intelligence.

Benzinga

I met Sam Altman in Texas. He’s turning the race for AI into a gigawatt arms race

In Abilene, I saw how tech companies like OpenAI are redefining the AI race—not in code or GPUs, but in industrial projects so massive they dwarf America’s biggest mega-builds

Fortune

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Oracle Stock Slips As Company Taps Debt Market For AI Infrastructure Spending: Report

Oracle (NYSE:ORCL) stock slipped after it moved to raise $15 billion in the U.S. investment-grade bond market on Wednesday, according to people familiar with the transaction.

Benzinga

Jim Cramer Says Oracle's $455 Billion Backlog Is Because Of Stargate Project: 'Who Else Would Be Placing Those Orders'

CNBC’s Jim Cramer is attributing Oracle Corp.‘s (NYSE:ORCL) monumental $455 billion backlog to the ‘Stargate’ AI infrastructure project, questioning the 359% surge in the pipeline on a social media post.

Benzinga

Semiconductor Slump Puts Direxion's NVDA-Centered NVDU And NVDD ETFs In Focus

While artificial intelligence has been one of the hottest topics in the business ecosystem, it's not without its challenges. Six months following its high-profile announcement at the White House, the $500 billion Stargate project — a joint venture between OpenAI and SoftBank — has encountered significant delays and scaled-back ambitions.…

Benzinga

OpenAI Is Building a Massive New AI Data Center Across the U.S.

OpenAI has partnered with Oracle to develop 4.5 gigawatts of additional data center capacity in the United States under the Stargate initiative. This

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What's Going On With Super Micro Computer Stock?

Shares of server manufacturer Super Micro Computer Inc (NASDAQ:SMCI) closed Tuesday’s session lower, caught in a broader pullback among chip and AI-related stocks. Here’s what investors need to know.

Benzinga

Options Corner: This Statistical Signal Just Revealed A Mispricing For Marvell Technology

Circumstances don't look particularly appealing for semiconductor stocks, with a key projected focused on artificial intelligence getting off to a rocky start. Just six months after the announcement of the $500 billion Stargate initiative — a joint venture between OpenAI and SoftBank to bolster AI infrastructure in the U.S. —…

Benzinga

Nvidia Stock Slides As $500B Stargate AI Venture Reportedly Stalls

Shares of NVIDIA Corp (NASDAQ:NVDA) and other semiconductor stocks are trading lower Tuesday amid investor concern over the future of a massive artificial intelligence project. Here’s what investors need to know.

Benzinga

AMD Stock Is Sliding Tuesday: What's Driving The Action?

Shares of Advanced Micro Devices Inc (NASDAQ:AMD) are trading lower Tuesday afternoon, caught in a broader downturn affecting the semiconductor industry. Here’s what investors need to know.

Benzinga

Elon Musk Says 'They Simply Don't' Have The Funding, Doubts Stargate AI

On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL), and Qualcomm (NASDAQ:QCOM), traded lower.

Benzinga

Open AI's massive Project Stargate is already struggling, may be scaled back

OpenAI and SoftBank say Project Stargate is fine, but Oracle says it's not formed yet, alluding to potential delays.

TechRadar

$500 Billion Stumble: SoftBank–OpenAI's Massive AI Vision Faces Setbacks

Six months after its high-profile announcement at the White House, the $500 billion Stargate project — an ambitious joint venture between OpenAI and SoftBank to ramp up America's artificial intelligence infrastructure — has run into major delays and scaled-back ambitions.

Benzinga

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Barchart

$500 Billion Stargate Project Will Only Cover ‘Next Few Years,’ Says OpenAI’s Sam Altman, But ‘Confident We Can Make $500 Billion Back’

Sam Altman’s $500 billion Stargate vision reflects his belief in AI’s transformative value and his reputation for bold, data-driven ambition.

Barchart

Elon Musk Was ‘Abusing His Power In the Government to Unfairly Compete’ Says OpenAI CEO Sam Altman: ‘It’s Unfortunate for the Country’

Sam Altman accuses Elon Musk of trying to block OpenAI’s Stargate UAE project, escalating tensions in the global AI race.

The Guardian - US

Apple’s triple threat: tariffs, AI troubles and a Fortnite fail

Once unshakable, Apple is showing rare signs of strain. Meanwhile, OpenAI bets billions on its next act, and Trump’s crypto fans lose millions

The Guardian - UK

AI could account for nearly half of datacentre power usage ‘by end of year’

Analysis comes as energy agency predicts systems will need as much energy by end of decade as Japan uses today

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TechRadar

Sandisk could use new architecture called Stargate to power its 256TB and 512TB SSDs in 2026 and beyond

SanDisk is preparing a "Stargate" controller to support 256TB and 512TB SSDs by 2026 and beyond.

The Guardian - US

Trump’s AI infrastructure plans could face delays due to Texas Republicans

Republican-controlled state house poised to pass legislation that imposes regulatory hurdles on data centers

Fortune

The nine lives of Masayoshi Son

Leading OpenAI's record-breaking $40 billion funding round shows the tech investor's knack for seizing big opportunities.

Barchart

Should You Buy the Dip in Oracle Stock Now?

Oracle is well-positioned to capitalize on the increasing demand for cloud computing and AI capabilities.

Tom’s Hardware

SoftBank to acquire Arm CPUs for datacenter firm Ampere in $6.5 billion cash deal

SoftBank buys Ampere for $6.5 billion in cash, may use them in Stargate datacenters.

Barchart

Trump’s Stargate Project Just Created 64,000 Reasons to Buy Nvidia Stock

Down 25% from all-time highs, Nvidia is a tech stock that trades at a sizeable discount to consensus price target estimates in March 2025.

BANG Premier

'I wanted this musical dialogue between Marvin Gaye and Bob Marley.' Aloe Blacc reveals inspiration for What's Going On cover

Multi-platinum artist Aloe Blacc has released his first album of original music in five years - 'Stand Together'

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