OpenAI and SoftBank launch $500 billion Stargate project to build data centers for artificial intelligence
The Stargate project is led by OpenAI, the Japanese conglomerate SoftBank, and Oracle, listed as “primary investors”—with Sam Altman’s company handling operational activities, and SoftBank taking care of the financial side (conglomerate leader Masayoshi Son will become the chairman of Stargate).
Oracle to build SMR nuclear reactors for new data centers with a capacity of more than 1 GW
Oracle has received permits to build three small modular reactors (SMRs) to power artificial intelligence data centers. The company wants to power facilities with a capacity of more than 1 GW.
Larry Ellison and Elon Musk team up to apply artificial intelligence to agriculture
Musk’s SpaceX and Ellison’s Oracle will create a new mapping program that will display the types and volumes of agricultural products in the United States, reports Business Insider
Larry Ellison is $15 billion richer after Oracle shares soar 12% to record high
Today, Allison is one of the five richest people in the world in of the Forbes rating with a net worth of $157.3 billion.
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