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."
The $500 billion AI project that President Trump announced on Monday brings together OpenAI, Oracle and SoftBank to try to ...
A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was ...
The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his ...
The market's reaction to the news about Project Stargate was very positive with ARM's stock skyrocketing by as much as 16%.
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.
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