A private joint venture known as Stargate that pledges to invest up to $500 billion for infrastructure tied to artificial intelligence development, and will include tech firms OpenAI and Oracle and sector investor SoftBank with investment also from Middle East fund MGX, was announced by President Donald Trump on Jan. 22.
Oracle CEO Larry Ellison, speaking at a White House news conference, said Stargate will start building out data centers and electricity generation needed for the further…
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https://www.enr.com/articles/60211-openai-oracle-softbank-vow-to-invest-500b-for-more-us-data-centers
