Project Stargate, a new initiative supported by Oracle, OpenAI, SoftBank, and MGX, plans to invest $500 billion in AI data centers over the next four years. This ambitious project highlights the growing valuation of AI infrastructure within the tech industry. Major companies like Microsoft and NVIDIA are expected to be key technology partners. While specific details remain uncertain, the potential beneficiaries include stocks like Celestica, Coherent, and Fabrinet. The announcement reflects a strong trend of investment in AI, suggesting optimism for the sector's future growth.
Project Stargate, backed by significant tech giants, plans to invest $500 billion in AI data centers over four years, signaling growth in AI infrastructure.
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