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WHTop → 📋 News → OpenAI, SoftBank, Oracle Launch $500B AI Data Center Initiative in US
OpenAI, SoftBank, Oracle Launch $500B AI Data Center Initiative in US
📅 - OpenAI has unveiled ambitious plans to develop multiple AI data centers across the United States in partnership with Oracle and SoftBank. The initiative, known as the Stargate Project, will begin with a significant data center deployment in Texas, with additional facilities planned in other states. Over the next four years, the collaborative effort is set to invest up to $500 billion, with an initial $100 billion already committed.
The announcement was made at a White House press conference, where U.S. President Donald Trump highlighted the investments potential to bolster U.S. infrastructure and reindustrialization. Key figures in attendance included Oracle co-founder Larry Ellison, [...][... Check source for end of article ...]
📅 - GoDaddy Donates $500K to Empower WordPress Community - Through these efforts, the WordPress platform is developed and people are given the flexibility to modify and enhance this open source program to meet their own needs without any restrictions.
"Every year in a variety of ways, including time and financial contributions, GoDaddy and its staff demonstrate their deep concern for the WordPress community," stated Paul Bindel, President of Partners at GoDaddy. "We're focused on continuing to enhance our industry-leading WordPress platform and hope our investment of $520,000 helps other valued members of the community sustain their contributions throughout 2025 and beyond." GoDaddy Backs Numerous Important WordPress Community Initiatives Apart [...]
📅 - Accenture and Telstra Announce Global AI Joint Venture - Photo: Telstra CEO Vicki Brady (right) and Accenture Chair and CEO Julie Sweet marking their groundbreaking partnership to advance AI-driven innovation in the telecommunications sector.
Telstra and Accenture have announced a groundbreaking global partnership aimed at accelerating Telstra's data and AI strategy through a proposed joint venture (JV). The partnership is set to bolster Telstras network leadership, enhance customer experiences, and streamline operations with advanced AI capabilities.
Accenture will hold a 60% stake in the venture, while Telstra will maintain a 40% share, retaining oversight of its AI and data roadmap, with the JV acting as an enabler.
The JV will unite [...]
📅 - CSA, Whistic Partner to Promote Secure, Responsible AI Development - To promote the responsible and secure development, use, and management ofartificial intelligence (AI) technologies, the Cloud Security Alliance (CSA), an organization devoted to defining and increasing awareness of best practices to help ensure a secure cloud computing environment, and Whistic, an AI-first modern platform for comprehensive third-party risk management, have announced a strategic partnership.
With a particular emphasis on the creation of an AI extension to STAR certification and the Compliance Automation Revolution (CAR), which will be revealed later this month, Whistic's involvement and support of the CSA AI Safety Initiative will be a crucial component of the [...]
📅 - RETN Connects Greece to its Pan-Eurasian Network - RETN, a leading independent European provider of global network services, has launched its first Point of Presence (PoP) in Greece, strategically located at the Balkan Gate Data Centre in Thessaloniki. This new PoP establishes a crucial connection to RETNs DWDM backbone via a protected wavelength path seamlessly linked to its regional hub in Sofia.
This move strengthens RETN's Pan-Eurasian network, bridging connectivity between the Mediterranean and Balkan regions.
The Thessaloniki PoP offers Layer 3 IP Transit/DIA and Layer 2 VPN services, delivering reliable, scalable, and secure connectivity options to businesses and telecommunications providers in Greece. This expansion marks a [...]
📅 - Gartner Predicts 9.8% Growth in Global IT Spending for 2025 - Global IT spending is projected to reach $5.61 trillion in 2025, marking a 9.8% increase from 2024, according to Gartners latest forecast. While budget increases for CIOs signal positive momentum, much of this growth will be absorbed by rising prices in recurrent spending, warns John-David Lovelock, Distinguished VP Analyst at Gartner.
"Budget increases will largely counterbalance price hikes in ongoing expenditures," said Mr. Lovelock. "This dynamic will skew the balance between nominal and real IT spending, leading CIOs to revise their actual budget expectations." Generative AIs Influence on IT Investment Generative AI (GenAI) is set to play a significant role in IT spending, though the [...]
📅 - Flexential, Lonestar Partners for Spaces First Commercial Data Center - Flexential, a leading provider of secureddata center colocationsolutions, has joined forces with Lonestar, a pioneer in lunar infrastructure and Resiliency as a Service (RaaS). The collaboration will support Lonestar's upcoming Freedom mission, marking its second data center deployment to the Moon. This initiative, in partnership with Intuitive Machines and SpaceX, paves the way for Lonestars ultimate goal of establishing a data center on the lunar surface.
Flexential will provide colocation, interconnection, and professional services to support Lonestars mission control platform. The services will be based out of Flexentials Tampa data center, chosen for its proximity to Floridas Space [...]
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