The AI boom has produced plenty of big numbers and bold headlines—but few rival “Stargate,” the massive data center project ...

SoftBank Group Corp.’s credit default swaps widened and its shares fell after concerns mounted over the viability of the artificial intelligence infrastructure project known as “Stargate,” in which ...

Abilene, Texas will probably top out at 1.2GW, meaning OpenAI can focus on developing new data center campuses with newer chips.

Quick Read Oracle (ORCL) sits 56% below its 52-week high; Jefferies cut price target to $320 from $400 after shelving ...

Financing terms and swinging OpenAI capacity forecast collapse a major expansion of a Stargate data center. Yet, Meta could take the yet-to-be-expanded space.

Oracle and OpenAI have canceled plans to expand their flagship Abilene Stargate data center campus. The project is developed ...

Oracle Corporation (NYSE:ORCL) shares fell 4.7% Monday amid broader tech sector weakness and following a report from The Information raising questions about the Stargate AI data center initiative.

One of the projects in the $500 billion Stargate programne – a datacentre in Abilene, Texas – has been scrapped. The scrapped project was to be an addition to the eight datacentre Abilene site ...

OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence ...

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...

When President Donald Trump announced the $500 billion Stargate AI data center project in January 2025, the three companies charged with developing it promised to move with lightning speed, spending ...

A deadlock over the Texas campus ownership leaves the $500 billion AI venture in limbo, a report said.