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OpenAI signs deal with Oracle, Softbank for $500bn expansion across US

OpenAI signs deal with Oracle, Softbank for 0bn expansion across US

  • OpenAI announces Project Stargate, funded also by SoftBank, Oracle and MGX
  • They will invest $500bn over four years, starting with $100bn now
  • Azure consumption will rise despite end of exclusivity deal

ChatGPT maker OpenAI has revealed its huge new Stargate Project, which it hopes will improve the state of artificial intelligence and boost the tech sector across the US.

In a blog post announcing the launch, the AI giant confirmed it had signed a deal with SoftBank (lead partner), Oracle…

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https://www.techradar.com/pro/openai-signs-deal-with-oracle-softbank-for-usd500bn-expansion-across-us

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