Saturday, August 29, 2026
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO NA Magazine > News > OpenAI to expand partnership with SoftBank and Oracle

OpenAI to expand partnership with SoftBank and Oracle

in News
OpenAI shares AI tech that can emulate human voice
Share on LinkedinShare on WhatsApp

Today, OpenAI announced its plans to build five new U.S. AI data centers in partnership with SoftBank and Oracle.

The project, which will continue over the next 18 months, will cost over $500 billion and is expected to produce a 10-gigawatt commitment in addition to the Stargate Capacity. 

The current and upcoming sites are expected to generate more than 25,000 onsite jobs, along with tens of thousands of additional jobs throughout the U.S.

The new sites are being developed by Oracle and will complement the flagship Stargate campus in Abilene, Texas. 

Clay Magouyrk, CEO of Oracle stated “Oracle’s reliable, scalable, and secure AI infrastructure is helping OpenAI rapidly scale its business. To meet this enormous demand, we continue to expand OCI’s footprint at an unrivaled pace to deliver the most performant and cost-effective AI training and inferencing.”

Sam Altman, CEO of OpenAI, commented , “AI can only fulfill its promise if we build the compute to power it. That compute is the key to ensuring everyone can benefit from AI and to unlocking future breakthroughs. We’re already making historic progress toward that goal through Stargate and moving quickly not just to meet its initial commitment but to lay the foundation for what comes next.”

By CEO NA Editorial Staff

Related Posts

Fed governor Lisa Cook states that the President has no ‘authority’ to dismiss her
News

All eyes on Fed Chairman’s Jackson Hole speech

Gap announces new Old Navy CEO
News

Gap announces new Old Navy CEO

Rivian celebrates supply chain bounce back
News

Rivian announces CFO transition plan

Dollar General brings back former CEO Todd Vasos
News

Dollar General CEO attributes strong Q2 to ‘value and convenience’

Best Buy combats theft with increased staff presence
News

Best Buy tops quarterly estimates, raises outlook

Nvidia due in Supreme Court today
News

Nvidia’s stock jumps following strong earnings and positive outlook

Oil prices drop 2% amid Iran-Oman discussions to reopen the Strait of Hormuz
News

Oil prices drop 2% amid Iran-Oman discussions to reopen the Strait of Hormuz

Softbank completes $40 billion investment in OpenAI
News

OpenAI leadership shuffle continues as data center chief departs company

Canada’s House of Commons votes on proposed budget 
News

Canada announces tariffs on $20 billion of U.S. goods

Gold prices could hit $2,600, expert says
News

Gold hits over three-month high

No Result
View All Result

Recent Posts

  • All eyes on Fed Chairman’s Jackson Hole speech
  • Gap announces new Old Navy CEO
  • Rivian announces CFO transition plan
  • New premium airplane seats have a big problem — and it could be getting worse
  • Lucky Charms and Trix go au naturel as General Mills ditches artificial colors

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 2125 9933 0330

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 2125 9933 0330

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.