Skip to content
Stock Focus Report

Stock Focus Report

Primary Menu
  • Home
  • Business
  • Economy
  • Domestic
  • Money
  • Politics
  • Top News
  • Newsletters
  • Business

OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports

Stock Focus Report May 16, 2025
2025-05-16T184726Z_1_LYNXMPEL4F0T5_RTROPTP_4_AI-COMPANIES-BARD

(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be one of the largest in the world, Bloomberg News reported on Friday.

The ChatGPT maker is expected to be one of the primary anchor tenants for a 5-gigawatt data center campus in Abu Dhabi, the report said, citing people familiar with the matter.

The Microsoft-backed company’s participation is not yet finalized but a formal announcement may come in the near term, the report said.

OpenAI did not immediately respond to a Reuters request for comment.

The UAE and the United States on Thursday signed an agreement for the Gulf country to build the largest AI campus outside the U.S.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Shilpi Majumdar)

Continue Reading

Previous: Exclusive-Boeing nears deal to avoid guilty plea, prosecution in 737 MAX crashes case, sources say
Next: Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto

Related Stories

2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
2025-05-27T162116Z_1_LYNXNPEL4Q0TG_RTROPTP_4_CANADA-RETAIL-HUDSONS-BAY
  • Business

Canada’s Hudson’s Bay retail chain to terminate more than 8,300 workers by Sunday

Stock Focus Report May 27, 2025
2025-05-27T161542Z_2_LYNXNPEL4Q0SO_RTROPTP_4_SNOWFLAKE-IPO
  • Business

Olympics-LA28 brings on Snowflake as data collaboration provider

Stock Focus Report May 27, 2025

Recent Posts

  • Stock Focus Report – Market Analysis for October 13, 2025
  • The 5 Best Stocks You’ll Want to Own This Fall
  • Musk criticizes Trump tax bill: can’t be both big and beautiful
  • Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets
  • US to issue visa bans for foreign nationals who ‘censor’ Americans, Rubio says

Categories

  • Business
  • Domestic
  • Economy
  • Money
  • Newsletters
  • Politics
  • Top News
  • Uncategorized

You may have missed

  • Newsletters

Stock Focus Report – Market Analysis for October 13, 2025

billymiz89@gmail.com October 13, 2025
  • Economy
  • Money

The 5 Best Stocks You’ll Want to Own This Fall

billymiz89@gmail.com August 27, 2025
  • Newsletters

Musk criticizes Trump tax bill: can’t be both big and beautiful

Stock Focus Report May 28, 2025
2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
  • Home
  • Privacy Policy
  • Terms of Service/Use Agreement
  • Disclaimer
  • Contact Us
Copyright © All rights reserved. | MoreNews by AF themes.