As OpenAI launches $500B “Stargate” project, critics express skepticism
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on ...
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
OpenAI and SoftBank will both invest $19 billion into AI data center business Stargate. The Information reports OpenAI CEO ...
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
In just his second day in office, Donald Trump announced a $500 billion initiative to transform the United States into the ...
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