For months Texas developers have been watching bulldozers move back and forth across a sprawling industrial site north of Abilene, building a data center complex large enough to cover almost 70 football fields.
Texas has long been celebrated as a beacon of business-friendly policies. However, a proposed AI law makes a major left turn.
Texas Lt. Gov. Dan Patrick, who has previously expressed concerns about the expansion of AI on the power grid, says there is "no daylight" between him and President Trump.
A California-like approach could throttle an industry that's already poised to bring hundreds of billions to the state.
The project backed by Oracle, OpenAI, and SoftBank was announced by President Donald Trump Jan. 21, but it's not without its detractors.
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen
Texas Instruments (TI) ( TXN 1.44%) stock lost about 7.5% of its value in the trading session following its latest earnings report. While revenue exceeded expectations, a muted outlook for the upcoming quarter prompted investors to sell.
President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.
Did DeepSeek just deep-six estimates about AI's energy needs? The Chinese upstart claims a far more efficient AI model, raising questions about power demand.
It’s a common scenario when businesses need to decide if they should do all of their PR and marketing in-house or hire an agency to grow their business and keep their reputation in tact. Hiring a marketing agency can be a game-changer for business growth.
Oracle’s announcement comes after the company’s chairman, Larry Ellison, joined OpenAI CEO Sam Altman and SoftBank CEO Masayoshi Son to announce their joint Stargate Project, which seeks to spend as much as $500 billion constructing AI data centers across the US.