{"id":223801,"date":"2026-06-01T14:37:00","date_gmt":"2026-06-01T18:37:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/01\/stargate-updates-openai-oracle-building-michigan-data-center\/"},"modified":"2026-06-01T14:45:12","modified_gmt":"2026-06-01T18:45:12","slug":"stargate-updates-openai-oracle-building-michigan-data-center","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/06\/01\/stargate-updates-openai-oracle-building-michigan-data-center\/","title":{"rendered":"Stargate updates: OpenAI, Oracle building Michigan data center"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/2026\/06\/01\/stargate-project-michigan-live-updates.html\">Stargate updates: OpenAI, Oracle building Michigan data center<\/a><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/06\/01\/stargate-project-michigan-live-updates.html\">https:\/\/www.cnbc.com\/2026\/06\/01\/stargate-project-michigan-live-updates.html<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-01 14:37:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.cnbc.com\">www.cnbc.com<\/a><\/p>\n<p>Here is a summary of the article using an unordered list with 8 key points:<\/p>\n<p>&#8211; Altman, emphasizing the focus on building the best technology and business rather than the timing, stated there is no rush concerning the IPO for Anthropic.<br \/>\n&#8211; Altman acknowledged public anxieties about AI&#8217;s impact on jobs but mentioned that companies actively adopting AI often hire more.<br \/>\n&#8211; Altman expressed confidence in the $45 billion Stargate Michigan investment, citing strong demand and expectations for returns.<br \/>\n&#8211; Clay Magouyrk of Oracle shared optimism about AI&#8217;s societal benefits and recognized public fear, but assured that AI is here to stay.<br \/>\n&#8211; According to Magouyrk, Stargate development is on or ahead of schedule and meets expectations on multiple fronts like construction and power generation.<br \/>\n&#8211; Magouyrk highlighted Oracle&#8217;s advantage in using AI to modernize and quickly deliver applications to customers without becoming a business model liability.<br \/>\n&#8211; The internal infrastructure of the Stargate project is expected to cost an additional $30 billion to $40 billion, signifying the high expense of necessary components over time.<br \/>\n&#8211; Oracle partner Softbank announced a $53 billion investment in AI infrastructure in France, anticipating an AI surge significantly bigger than the dotcom boom.<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stargate updates: OpenAI, Oracle building Michigan data center https:\/\/www.cnbc.com\/2026\/06\/01\/stargate-project-michigan-live-updates.html Publish Date: 2026-06-01 14:37:00 Source Domain:&#8230;<\/p>\n","protected":false},"author":1,"featured_media":223802,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108272501-1772510587771-gettyimages-2236544097-STARGATE_DATA_CENTER.jpeg?v=1776967998&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-223801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/223801"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=223801"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/223801\/revisions"}],"predecessor-version":[{"id":223803,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/223801\/revisions\/223803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/223802"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=223801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=223801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=223801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}