Stargate project Archives - Bharat Pulse News

OpenAI Seeks $40 Billion from Saudi, UAE, and India

By BPN News Desk June 13, 2025

AI & Robotics Technology

OpenAI is in advanced negotiations to raise a staggering $40 billion in funding through a global consortium involving Saudi Arabia’s Public Investment Fund (PIF), the UAE’s MGX, and India’s Reliance Industries. Spearheaded by Japanese investment giant SoftBank, this initiative is aimed at

Business

Oracle’s $40B Nvidia Chip Investment Powers OpenAI’s Texas Data Center

By BPN News Desk May 25, 2025

In a major push to scale artificial intelligence infrastructure, Oracle is investing $40 billion in Nvidia’s high-performance GB200 chips, with a massive order of 400,000 units. These chips are set to fuel OpenAI’s upcoming data center in Abilene, Texas — a key piece of the broader Stargate initiative. The Abilene data center, expected to go […]