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OpenAI, Oracle, and Vantage Data Centers plan to build a data center in Wisconsin called Lighthouse, costing $15B+ and set to open in 2028, as part of Stargate (Juby Babu/Reuters)

Juby Babu / Reuters : OpenAI, Oracle, and Vantage Data Centers plan to build a data center in Wisconsin called Lighthouse, costing $15B+ ...

2 October 2023

Sources: ByteDance plans a buyback from employees that values itself at $223.5B, down 26% YoY; last year it made $20B+ in operating profit but saw revenue slow (Wall Street Journal)

Wall Street Journal:
Sources: ByteDance plans a buyback from employees that values itself at $223.5B, down 26% YoY; last year it made $20B+ in operating profit but saw revenue slow  —  Social-media company reported an operating profit of more than $20 billion as its valuation fell by about 26%

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