OpenAI, Oracle, and SoftBank announce $500 billion AI infrastructure investment

OpenAI, Oracle, and SoftBank announce 0 billion AI infrastructure investment

On January 21, representatives from OpenAI, Oracle, and SoftBank joined President Donald Trump to announce the investment of up to $500 billion into American AI infrastructure. The joint venture, named Stargate, plans to develop data centers and associated electricity generation facilities with an initial $100 billion investment.

According to a press release from OpenAI, SoftBank and OpenAI are the lead partners for the project; the former will have financial responsibility and the latter…

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https://www.lightwaveonline.com/business/article/55262606/openai-oracle-and-softbank-announce-500-billion-ai-infrastructure-investment