Nvidia pays a $150 million deposit to seize 600MW of data center capacity in Abilene, Texas after Oracle and OpenAI scrap a planned Stargate expansion following failed financing negotiations and weather-related infrastructure setbacks, with Nvidia reportedly eyeing Meta as a tenant to keep the site exclusively running its own silicon.
OpenAI is abandoning plans to expand its Stargate data center with Oracle in Texas, choosing newer Nvidia GPU clusters elsewhere as the AI industry faces a growing crisis where data centers become obsolete faster than they can be built, leaving Oracle — which carries over $100 billion in debt and …
A deepening AI infrastructure crisis is forcing companies like Anthropic to actively degrade their own products to conserve compute, as surging demand from agentic tools outpaces supply — and with DRAM constraints expected to cap growth at 15GW until 2027, experts warn inference shortages will worsen through 2026 and 2027, …
Oracle is planning to cut thousands of jobs across multiple divisions as soon as this month, driven by a cash crunch stemming from its massive AI data center expansion, with some roles being eliminated due to AI advancements reducing the need for certain positions.
Google, Microsoft, Meta, Amazon, OpenAI, Oracle, and xAI sign the White House 'Ratepayer Protection Pledge,' committing to fund their own electricity generation and grid upgrades to prevent AI datacenter expansion from driving up energy bills for American households and small businesses, though experts warn Trump's fossil fuel energy focus could …
Nvidia obliterates Q4 earnings expectations with $68.13 billion in revenue and issues stunning Q1 guidance of $78 billion, as AI-fueled data center sales surge 75% year over year to $62.3 billion while next-gen Vera Rubin AI systems begin shipping to customers.
President Trump meets with top tech CEOs from Amazon, Google, Meta, Microsoft, and others at the White House to sign a landmark AI power pledge, requiring companies to self-supply energy for data centers and protect Americans from rising electricity costs driven by surging AI demand.
Meta and AMD are forging a major multi-year AI partnership, committing up to 6GW of AMD Instinct GPUs to power Meta's AI infrastructure starting in the second half of 2026, as Meta aggressively builds toward delivering personal superintelligence at global scale.
Google, Anthropic, and India are reshaping the AI landscape as Gemini 3.1 Pro shatters reasoning benchmarks, Claude Sonnet 4.6 brings million-token context windows to free users, and India commits $200 billion toward AI infrastructure in a massive push to become a global tech powerhouse.
Amazon is investing $12 billion to build AI data center campuses in Louisiana, creating over 2,200 jobs while committing $400 million to public water infrastructure and covering 100% of energy infrastructure costs, as part of a record $200 billion capital expenditure push this year.