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."
13hon MSN
OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things." ...
OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
OpenAI, SoftBank, Oracle, and President Trump unveil a $500 billion dubbed Stargate project to build massive data centers for ...
Investor's Business Daily on MSN1d
Oracle Stock Surges As Trump Unveils Stargate AI Plan With OpenAI, SoftBankOracle stock surged Wednesday, as other AI stocks rallied, after President Donald Trump unveiled the Stargate AI infrastructure project with OpenAI and SoftBank. President Trump led a press conference ...
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