OpenAI, Oracle, SoftBank, and investment firm MGX on Tuesday announced plans to spend $500 billion on AI infrastructure in America over the next four years, to be used by the ChatGPT super-lab.
Specifically, the four will pour said billions, starting with $100 billion, into a new company named The Stargate Project, which will be operated by OpenAI. Stargate will effectively take that money and build AI infrastructure for OpenAI to use to create more machine-learning models.
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https://www.theregister.com/2025/01/22/openai_stargate_ai_datacenter_company/
