The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secureAmericanleadership in AI, create hundreds of thousands...
Oracle, SoftBank, and OpenAI will create a new company called Stargate, the companies announced along with Trump yesterday. They will initially invest $100 billion to create and grow AI infrastructure in the United States, with the plan to invest as much as $500 billion over the next four...
Stargate is a joint venture (JV) between three leading technology companies heavily involved in AI:Oracle(NYSE:ORCL),SoftBank Group(OTC:SFTBF), and OpenAI. Oracle co-founder and chairman Larry Ellison, SoftBank founder and CEO Masayoshi Son, and OpenAI co-founder and CEO Sam Altm...
Company created to invest in US-based AI infrastructure for OpenAI is backed by SoftBank, OpenAI, Oracle, and MGX.
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” AI infrastructure project. During his first full day...
After helping found OpenAI in 2015, Musk broke with the company, claiming that the AI firm had veered away from its founding agreement that it would use its technology to benefit the public and that it would open its technology for public use. The Associated Press contribute...
After helping found OpenAI in 2015, Musk broke with the company, claiming that the AI firm had veered away from its founding agreement that it would use its technology to benefit the public and that it would open its technology for public use. The Associated Press contributed to this repor...
The world’s richest man, whose companies include Tesla, SpaceX and X, last year started his own rival AI company, xAI, that is building its own big data center in Memphis, Tennessee. Musk says it faces unfair competition from OpenAI and its close ...
OpenAI, Oracle, Middle East AI venture capital fund MGX and SoftBank are the initial equity investors in Stargate. The project is expected to create more than 100,000 jobs in the country, according to OpenAI. Microsoft, Nvidia and U.K. chipmaker Arm will also be part of th...
The world’s richest man, whose companies include Tesla, SpaceX and X, last year started his own rival AI company, xAI, that is building its own big data center in Memphis, Tennessee. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft,...