Latest news with #ProjectStargate
New York Post
20 hours ago
- Business
- New York Post
Amazon to invest $10B in North Carolina toward AI data centers
Amazon will invest approximately $10 billion toward new artificial intelligence data center infrastructure in North Carolina, company and state officials announced Wednesday. The expanded AI data centers will be located in Richmond County and support Amazon Web Services, the company's cloud-computing unit. The project is expected to create 'at least 500 new high-skilled jobs,' including data center engineers and network specialists, the company said. Advertisement 3 Amazon is one of several Big Tech firms competing in the AI race. Oleksandr – North Carolina Gov. Josh Stein, a Democrat, touted Amazon's commitment as 'among the largest in state history' and said it would provide 'an economic boost to Richmond County.' The rural county is located about 70 miles east of Charlotte. Advertisement 'Artificial intelligence is changing the way we work and innovate, and I am pleased that North Carolina will stay at the forefront of all that's ahead as we continue to attract top technology companies like Amazon,' Stein said in a statement. Amazon's chief global affairs and legal officer David Zapolsky said the 'investment will position North Carolina as a hub for cutting-edge technology, create hundreds of high-skilled jobs, and drive significant economic growth.' 'We look forward to partnering with state and local leaders, local suppliers, and educational institutions to nurture the next generation of talent,' Zapolsky added. As part of the investment, Amazon will also roll out new training programs focused on areas such as data center operations and fiber optics. The company has a growing footprint in North Carolina and has invested $12 billion in the state since 2010. Advertisement 3 Amazon plans to spend $100 billion on capital expenditures this year. Christopher Sadowski Amazon shares were flat in Wednesday trading. Amazon and other Big Tech firms are pouring billions into AI infrastructure as they race to develop the advanced technology. Led by CEO Andy Jassy, Amazon has signaled it will spend $100 million in capital expenditures this year. Advertisement 3 North Carolina Democratic Gov. Josh Stein is pictured. AP President Trump is also backing the nationwide effort and has pushed companies to boost their commitments within the US. In January, Trump announced the $500 billion 'Project Stargate' – a collaboration between OpenAI, SoftBank and Oracle to build out AI data centers.
Daily Mail
2 days ago
- Politics
- Daily Mail
Secret CIA program claimed to have found alien civilization on dark side of the moon: 'They look like us'
As the US prepares to send astronauts back to the moon, a CIA file has resurfaced that claims to have found life there more than 25 years ago. In the 1970s and 80s, the CIA conducted experiments with individuals who claimed they could perceive information about distant objects, events, or people, a process known as 'remote viewing.' The experience of remote viewer Ingo Swann was first revealed in 1998 when he explained how his psychic episode took him to the dark side of the moon, a region that always faces away from Earth and out of sight from human eyes. That's where the remote reviewer made a shocking discovery: towers, buildings, and human-like aliens working at a secret complex on the moon's surface. Disturbingly, Swann said government officials knew the aliens had a base there, and these humanoids could actually sense his presence as he viewed them with his mind from 238,000 miles away. He claimed that a race of aliens that 'looked exactly like us' erected several giant towers on the moon. One was the size of the United Nations building in New York. Swann, who died in 2013, made the shocking claims in his book 'Penetration: The Question of Extraterrestrial and Human Telepathy' released in 1998. Despite Swann's detailed claims, there has never been any tangible proof of alien bases or life on the moon discovered by lunar missions led by the US, Russia, China, Japan, and India. The famed member of Project Stargate, the CIA's remote viewing operation created in the 1970s, said that this amazing incident was not part of his regular work with the top secret program. Swann wrote how he received a phone call in February 1975 from intelligence agents in Washington DC, asking for his help with another secret project. A meeting was set up between Swann and a mysterious government operative known as Mr Axelrod. Swann had a hood placed over his head and was instructed not to speak or ask any questions as he was taken by helicopter to an underground base. Once there, Mr Axelrod gave the remote viewer a very simple task: 'We want you to go to the Moon for us, and describe what you see.' However, Swann was also told that he could not reveal anything he saw in that vision for 'at least 10 years.' When the CIA operative-turned-author was finally able to share his psychic vision, the description he gave was jaw-dropping. 'I found towers, machinery, lights of different colors, strange-looking buildings,' Swann wrote in the 1998 tell-all. 'I found bridges whose function I couldn't figure out. There were a lot of domes of various sizes,' he continued. Swann noted that the aliens appeared to be all male and did not wear any clothing. They were digging holes into the moon's craters during some kind of mining or earth-moving operation. One thing he did not expect to see was two of the aliens spotting his consciousness viewing the secret moon base. 'Two of them pointed in my direction,' Swann explained. 'How could they do that… unless… they have some kind of high psychic perceptions, too?' It was at that moment Mr Axelrod ended the remote viewing session he recruited Swann for. However, Swann revealed that the news of an alien takeover on the moon did not phase Axelrod or other intelligence officials. The remote viewer then questioned his recruiters about why NASA or the US military haven't gone back to the moon since 1972. His questions stumbled upon the unnerving truth: 'They somehow have told you to stay away. That's why you are resorting to psychic perceptions. They are not friendly, are they?' Swann asked Axelrod. The operative reportedly told him that he was 'approximately correct… but not completely so.' Swann's remote viewing revelations now bring a serious question to the Trump Administration's renewed focus on sending astronauts to space instead of robots: what will we find on the moon? On May 1, the Trump Administration slashed $6 billion that would have paid for research, operations on the International Space Station, and future missions, including the Mars Sample Return (MSR) mission. At the same time, the cuts will allow NASA to allocate over $1 billion to manned space missions, ensuring 'that America's human space exploration efforts remain unparalleled, innovative, and efficient.' The White House proposal emphasizes the importance of NASA beating China back to the moon and putting the first humans on Mars, with the latter being the overarching goal of Elon Musk's spaceflight company, SpaceX. Here on Earth, congress continues to hold public hearings regarding the potential presence of extraterrestrial life in space, on Earth, and potentially on the moon.
Yahoo
6 days ago
- Business
- Yahoo
OpenAI Secures $11.6B For Texas Data Center Expansion, Reducing Microsoft Dependence
Crusoe secures $11.6 billion to build OpenAI's massive 1.2 gigawatt Abilene, Texas data center, part of the $500 billion Project Stargate. Oracle has signed a 15-year lease to anchor the Abilene data center. Crusoe's evolution from gas-powered crypto rigs to liquid-cooled AI supercenters captures the arc of next-gen computing. AI infrastructure startup Crusoe Energy Systems has secured $11.6 billion in funding commitments to build a massive data center in Abilene, Texas, designed to support OpenAI's expanding computing needs. The new funding round, backed by Blue Owl Capital's Real Assets platform and Primary Digital Infrastructure, brings total capital raised for the project to $15 billion, The Wall Street Journal reported. According to Crusoe, the facility marks a critical step in OpenAI's infrastructure strategy. Initially planned as a two-building campus, the project now spans eight buildings. It is expected to deliver 1.2 gigawatts of power capacity, making it one of the largest AI training hubs globally. Don't Miss: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — According to the company, construction began last June, with the first two buildings—totaling 200 megawatts—expected to be energized in the first half of this year. A second phase, launched in March, will add six more buildings and is expected to be completed by mid-2026. The expansion comes amid growing demand for compute capacity as OpenAI develops increasingly advanced artificial intelligence models. Oracle Corp. (NYSE:ORCL) has signed a 15-year lease to occupy a significant portion of the Abilene campus, according to the Journal. While Microsoft Corp. (NASDAQ:MSFT) remains OpenAI's largest investor and retains exclusive application programming interface licensing rights, its role in the Abilene project is limited to that of a technology partner, without direct equity involvement. OpenAI has increasingly sought to diversify its infrastructure partnerships, citing concerns over Microsoft's ability to scale fast enough to meet its compute needs, the Journal reported. Meanwhile, JPMorgan Chase & Co. (NYSE:JPM) has committed over $7 billion to the data center project, building on a previous $2.3 billion investment, according to The Information. Trending: Invest where it hurts — and help millions heal:. The Abilene project is part of 'Project Stargate,' a $500 billion global AI infrastructure initiative launched in January by OpenAI, Oracle, SoftBank, and United Arab Emirates-based MGX, Forbes reported. The project aims to build a vast network of AI data centers over the next four years to support rapid model development and increase U.S. leadership in artificial intelligence. According to Crusoe, the buildings planned in Abilene are designed for industry-scale performance, with each capable of running up to 50,000 GB200 NVL72 chips from Nvidia Corp. (NASDAQ:NVDA) on a unified network fabric. Beyond scale, the Abilene campus is also a model for energy-conscious AI infrastructure. It incorporates direct-to-chip liquid cooling to manage thermal loads and partners with Lancium's Clean Campus program to integrate renewable energy sources, Crusoe said. Crusoe expects the project to create over 5,000 jobs and generate more than $1 billion in local economic impact over the next two in 2018, Denver-based Crusoe began as a company converting stranded natural gas into energy for crypto mining. In recent years, it has repositioned itself as a vertically integrated AI infrastructure provider, with a sharp focus on sustainable, high-density compute environments, according to Crunchbase. The company raised $600 million in Series D funding led by Founders Fund, with participation from Fidelity and Nvidia, bringing its valuation to $2.8 billion. The Abilene project represents Crusoe's most ambitious venture to date and positions it at the center of the rapidly expanding AI infrastructure race. Read Next: Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article OpenAI Secures $11.6B For Texas Data Center Expansion, Reducing Microsoft Dependence originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News18
29-05-2025
- Business
- News18
Elon Musk Pressured Trump Team to Kill OpenAI's UAE Deal, White House Ignored Him: Report
Last Updated: The report claimed that Elon Musk did not like OpenAI CEO Sam Altman to be part of a delegation accompanying Donald Trump on a recent Gulf tour. Elon Musk reportedly attempted to derail OpenAI's artificial intelligence infrastructure deal in the Middle East unless his own AI startup, xAI, was included but his pressure tactics failed, The Wall Street Journal reported. The report claimed that the Tesla boss did not like OpenAI CEO Sam Altman to be part of a delegation accompanying US President Donald Trump on a recent Gulf tour, during which the UAE deal was reportedly finalised. In response, Elon Musk personally called G42 officials- including Sheikh Tahnoon bin Zayed, UAE's national security adviser and brother of the country's president- and demanded that xAI be granted a role in the project, it added. What Is OpenAI's Middle East Deal? The deal in question, announced last week, involves OpenAI and several major US tech firms partnering with G42, an Emirati AI company, to build one of the world's largest AI computing hubs in Abu Dhabi. The massive data centre complex is part of Stargate UAE, an ambitious initiative under the broader Project Stargate, a $500 billion AI investment program unveiled earlier this year and backed by Oracle, Nvidia, SoftBank and Cisco. Elon Musk warned that the Donald Trump administration would not approve the deal unless his firm was included, the report claimed. Despite the pressure, White House officials reviewed the agreement and ultimately gave it the green light without Elon Musk's involvement. As per the report, a US official described Elon Musk's concern as being about 'fairness for all AI companies," but others familiar with the matter suggested it was part of the billionaire's ongoing feud with Sam Altman. The two co-founded OpenAI in 2015, but Elon Musk left in 2018. He has since accused Sam Altman of betraying OpenAI's founding principles and has filed a lawsuit over its pivot toward profit-driven development and closed-source models. Watch India Pakistan Breaking News on CNN-News18. Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated! First Published: May 29, 2025, 12:21 IST
India Today
29-05-2025
- Business
- India Today
Elon Musk wanted pause in OpenAI deal in Middle East, but his efforts failed
Elon Musk reportedly tried to block OpenAI from securing a high-profile artificial intelligence infrastructure deal in the Middle East unless his own AI company, xAI, was included — but his efforts failed. The deal in question, which was announced last week, involves OpenAI and several US tech companies partnering with G42, an Emirati AI company, to build a massive data centre complex in Abu Dhabi. The facility, which will be part of a larger initiative called Stargate UAE (under the Project Stargate that was announced in January this year), is expected to become one of the world's largest AI computing hubs. These hubs have servers powered by advanced chips from companies like Nvidia and operated by Oracle, Cisco, and to a report by The Wall Street Journal, Musk had caught wind of the OpenAI deal shortly before US President Donald Trump's tour of the Gulf earlier this month. Learning that OpenAI CEO Sam Altman would be part of the trip and that a deal in the UAE was being finalised, Musk reportedly became irate and demanded his firm xAI be included in the in a call with G42 officials, a firm chaired by the UAE national security adviser Sheikh Tahnoon bin Zayed, the brother of the country's president, Musk allegedly warned that Trump would not approve any such deal unless xAI had a seat at the table. Despite the pressure, the deal moved forward without Musk's involvement. White House officials reviewed the agreement following Musk's intervention but ultimately allowed it to proceed as planned. One official described Musk's concern as being about 'fairness for all AI companies,' though others noted his long-running rivalry with Altman may have played a and Altman co-founded OpenAI in 2015. However, in 2018, Musk parted ways and left. There was apparently a power struggle, which was allegedly caused by a proposal by Musk to merge OpenAI and Tesla. The idea, according to Walter Isaacson's biography of Elon Musk, was rejected by Altman and other board members. After that, Musk walked away, and Altman took the reins as CEO. Since then, Musk and Altman have constantly been in a back and forth. Musk has also sued OpenAI and Altman for betraying the original mission of the company – which was to build open-source AI models with no some years ago, Musk launched his own AI venture, xAI, which has struggled to match OpenAI's success despite raising $6 billion in funding and securing partnerships in the Gulf region, including a recent tunnel-building deal between his Boring Company and Dubai. Under the Stargate UAE project, G42 and its partners will reportedly fund construction of a massive data complex in Abu Dhabi while committing an equivalent investment to US-based AI facilities. The first phase of this arrangement will reportedly go live next annoyance to the OpenAI and UAE deal mirrors his earlier frustration when Trump and Altman unveiled the original Stargate project in the US earlier this year. The project is an ambitious $500 billion AI investment initiative, which is also backed by Oracle, SoftBank and Nvidia. At the time, Musk had criticised the deal's backers and questioned their financial credibility on social In
