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Stockreport

Microsoft takes over a Texas AI data center expansion after OpenAI backs away [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
neighbors at one of the nation's largest complexes for running artificial intelligence Data center developer Crusoe said Friday it is working with Microsoft to build two new “AI factory” buildings and an on-site power plant in Abilene, Texas, right next to where Crusoe has been building an even larger computing campus for OpenAI and Oracle. OpenAI's existing project, the flagship of a broader initiative called Stargate, is so massive that President Donald Trump was the first to officially announce it just after his inauguration last year to signal AI investments he called a “resounding declaration of confidence in America's potential.” Microsoft was once OpenAI's exclusive cloud computing provider and still holds a roughly 27% stake in the ChatGPT maker, but the two companies are increasingly pursuing AI development separately, even though they are on the same tract of land. Crusoe has already completed two buildings for OpenAI and its other cloud partner, Oracle, supplying a [Read more]

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Stockreport

Microsoft takes over a Texas AI data center expansion after OpenAI backs away [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
neighbors at one of the nation's largest complexes for running artificial intelligence Data center developer Crusoe said Friday it is working with Microsoft to build two new “AI factory” buildings and an on-site power plant in Abilene, Texas, right next to where Crusoe has been building an even larger computing campus for OpenAI and Oracle. OpenAI's existing project, the flagship of a broader initiative called Stargate, is so massive that President Donald Trump was the first to officially announce it just after his inauguration last year to signal AI investments he called a “resounding declaration of confidence in America's potential.” Microsoft was once OpenAI's exclusive cloud computing provider and still holds a roughly 27% stake in the ChatGPT maker, but the two companies are increasingly pursuing AI development separately, even though they are on the same tract of land. Crusoe has already completed two buildings for OpenAI and its other cloud partner, Oracle, supplying a [Read more]

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