US tech giants announce AI plan worth up to $500bn
Briefly

OpenAI, in collaboration with Oracle and Softbank, is launching a major initiative dubbed "Stargate" to construct data centres for artificial intelligence. With an immediate investment of $100 billion, the project aims to channel a total of $500 billion over the upcoming four years. This joint venture, acknowledged by US President Trump, seeks to bolster technological infrastructure and is expected to generate over 100,000 jobs. The first data centres are currently being built in Texas, with further expansions planned across various locations.
OpenAI is teaming up with Oracle and Softbank to build data centres for AI, investing $100bn immediately with a total plan of $500bn over four years.
OpenAI's CEO, Sam Altman, emphasized that this initiative represents "the most important project of this era," highlighting its potential impact on the future of technology.
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