OpenAI Eyeing More Data Centers in Texas, Other States for Stargate, Bloomberg News Reports
Stargate, a joint venture between ChatGPT creator OpenAI, Oracle and SoftBank, plans to invest up to $500 billion to help the United States stay ahead of China and other competitors in the global AI race.
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House. Trump said he will help facilitate the ...
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Stargate is currently backed by SoftBank (SFTBY), Oracle (ORCL), and ChatGPT maker OpenAI. Microsoft, a key backer of OpenAI, was listed as a technology partner in the new joint venture.
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