White House unveils Stargate AI initiative, backed by Microsoft, with OpenAI leasing Oracle capacity and partnering with Cisco for the Abilene facility.
6 reports, 2 independent
Updated Jul 6
Gone quiet
- Reports
- 6
- Developments
- 9
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
White House unveils Stargate AI initiative, backed by Microsoft, with OpenAI leasing Oracle capacity and partnering with Cisco for the Abilene facility.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Oracle, OpenAI, and Microsoft are utilizing Crusoe's campus in Abilene, which is based in the greater Abilene area.Sub-event
- OpenAI is involved in the Stargate project in Abilene.Sub-event
- AWS, Masayoshi Son, and others co-chair the $500 billion Stargate AI infrastructure initiative, while SpaceX files for Grok authorization.Sub-event
- OpenAI, Microsoft, and others discussed AI importance and Stargate infrastructure investment with U.S. President Donald Trump.Sub-event
- Oracle and OpenAI are deepening their partnership in the Stargate AI project, securing a $30bn deal and expanding infrastructure.Sub-event
- OpenAI is leasing data center power from Oracle, which is expanding its capacity at sites in Abilene, Michigan, and Georgia.Sub-event
- White House launches Stargate initiative; OpenAI partners with Cisco and secures Oracle capacity for Abilene facility.
- S&P noted that Oracle's cloud spending related to the Stargate initiative is straining its cash flow.
Show 1 earlier step
- Trump highlighted the Stargate Project while prioritizing the AI race against China.
Keep exploring
The entities involved
-
Cisco
American multinational technology company
-
OpenAI
American artificial intelligence research organization
-
Microsoft
American multinational technology corporation
-
Oracle
company in Madrid, Spain
Related events
- OpenAI, SpaceX, and Oracle are engaging in multiple new financing and hardware procurement deals with firms like Broadcom, Nvidia, and Goldman Sachs.
- Microsoft, Amazon, and Google are deepening AI partnerships with OpenAI, Anthropic, and Meta.
- Oracle is providing computing power for OpenAI's AI work.
- Microsoft is paying OpenAI for AI models and building its own MAI system, while Nvidia maintains high margins in the competitive AI hardware market.
- AMD is gaining significant market share in the AI infrastructure race through major GPU commitments from OpenAI and Meta, supported by partners like ZT Systems.
Coverage
Newest first; wire copies grouped- siliconangle.com
- yahoo.com
- Unknown outlet
- Unknown outlet
- Unknown outlet
- Unknown outlet