OpenAI and Softbank team up for a $500 billion AI data center venture
Briefly

OpenAI is embarking on a monumental project to establish $500 billion in AI infrastructure across the United States with SoftBank as a key partner. Named the Stargate Project, it aims to solidify American leadership in artificial intelligence and create substantial employment opportunities. The venture has secured an immediate $100 billion for the first phase, focusing on data center construction, starting in Texas. Major tech companies, including Arm, NVIDIA, and Oracle, will collaborate on this initiative, while Microsoft remains a strategic partner with specific rights regarding computing capacity.
OpenAI and SoftBank's Stargate Project aims to build $500 billion worth of AI infrastructure, ensuring American leadership in AI and creating hundreds of thousands of jobs.
The Stargate Project will kick off immediately with an investment of $100 billion for the initial phase, primarily focused on the construction of data centers.
Read at Engadget
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