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The project created a company called Stargate, which said in Tuesday's announcement it would “begin deploying $100 billion immediately" starting with data centers in Texas and spend an ...
Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. [2] The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029.
The rest of the world would certainly struggle to match a $500 billion project such as this, particularly when another late Biden move capped exports of U.S. AI chips to all but 18 countries.
Trump announced a joint project Tuesday called Stargate, which will invest up to $500 billion over the next four years to build the infrastructure to support artificial intelligence (AI ...
In March 2024, tech news website The Information reported OpenAI and Microsoft were working on plans for a $100 billion data center project that would include an artificial intelligence ...
SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison. Amanda Gerut. Updated January 22, 2025 at 10:02 AM.
Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded ...
Donald Trump has announced a $500 billion "Stargate Project." Backed by major tech companies, it aims to boost AI infrastructure in the U.S. Donald Trump has announced a new $500 billion "Stargate ...