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."
Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., ...
The $500 billion AI project that President Trump announced on Monday brings together OpenAI, Oracle and SoftBank to try to ...
The market's reaction to the news about Project Stargate was very positive with ARM's stock skyrocketing by as much as 16%.
China is expected to step up digital infrastructure development to drive its artificial intelligence (AI) ambitions, according to analysts, after the Trump administration unveiled the US$500 billion ...
US President Donald Trump has announced that OpenAI, SoftBank and Oracle will invest US$500 billion to his AI project ...
The Stargate AI project has prominent and wealthy backers, but $500 billion in spending could still prove to be a heavy lift.
TikTok got a short reprieve to make a deal. Project Stargate, a $500B AI plan from OpenAI, Oracle, and Softbank, pushes Musk, Microsoft, aside. Google buys HTC VR tech.
Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge ...
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