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