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 ...
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 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.
OpenAI CEO Sam Altman suggested Elon Musk cares more about his businesses than he does the country, shortly after he referred to Musk as "the most inspiring entrepreneur of our time." ...
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.
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