BABY SPACEROCK
07-24

Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost. Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost.

The announcement comes after the Wall Street Journal’s report on Monday said that Stargate efforts are falling behind as OpenAI and SoftBank disagree over some terms of the project, such as where to build the data centers. The companies are reportedly pulling back from larger near-term plans, and are aiming to build a smaller data center by the end of the year that will likely be located in Ohio.

OpenAI and SoftBank said in a joint statement to the Wall Street Journal that they are “moving at hyperscale and speed to deliver the AI infrastructure that will power the future and serve humanity.” The companies also said that they are continuing to work on projects in several states.


Nopes,I won't be investing in Stargate.

Stick to darling NVDA, AMD, TSM.

@LULU ROCKET @JiaDeName  

Waiting Game: Nvidia at Highs, Add at $170 or Wait $150?
Nvidia’s Q2 revenue rose over 55%, but revenue in China dropped sharply by 24%, wiping out $93B in market value. After the last earnings report, Nvidia pulled back and consolidated before breaking to new highs, eventually climbing to $180. This time, the earnings aren’t actually bad — the recent surge just front-loaded the gains. 1. Is $170 the start of Nvidia’s new bull market, or should we wait for a pullback to the $150 support level? 2. What’s your choice — is it ever too late to buy Nvidia? 3. How will AVGO affect Nvidia stock price?
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