Arm Confirms Central Role In $100 Billion Stargate AI Infrastructure Project With OpenAI, Oracle

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What Happened: CEO Rene Haas highlighted Arm’s expanding role in AI infrastructure, noting strong momentum in data center deployments alongside partners OpenAI, Oracle Corp.(NYSE:ORCL), and SoftBank Group (OTC:SFTBY).“We are very excited about the future, whether it’s about the near-term execution of our strategies with v9 and CSS to all the opportunities that Stargate and Cristal intelligence bring us,” Haas said....

Arm Holdings plc (NASDAQ:ARM) has affirmed its central position in the artificial intelligence ecosystem through its involvement in OpenAI‘s ambitious $100 billion Stargate AI infrastructure project, as revealed during the company’s third-quarter earnings call.

Full story available on Benzinga.

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Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets: United States

Topics: US67066G1040 Equities ORCL Tech OpenAi SFTBY Benzinga Markets Artificial intelligence ARM NVDA News Stargate AI US68389X1054

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 09:28:41 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25923261

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