OpenAI, SoftBank each commit $19 bln to Stargate data center venture, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
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“They don’t actually have the money” – Elon Musk shoots down OpenAI’s big Stargate revealShortly after OpenAI unveiled its $500 billion Stargate initiative, Elon Musk took to his social media platform to express ...
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Good for OpenAI, bad for Musk—just one piece in the race for data, AI, and global power. A glimpse into the future of U.S.
Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the infrastructure project to build data centers for ...
Utah is among the fastest-growing data center markets in the country thanks to business climate, ‘attractive’ tax breaks ...
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