Stargate AI Project: The $500 Billion Gamble To Dominate The Future
The $500 billion AI project that President Trump announced on Monday brings together OpenAI, Oracle and SoftBank to try to revolutionize U.S. AI infrastructure.
Tech Billionaires Announce ‘Project Stargate’ With Trump, But Where’s Elon?
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.
Project Stargate Is Fueling a Record Stock Market
Putting aside his vexing meme-coin launch before his inauguration, the president’s new artificial intelligence initiative, Project Stargate, has made waves across financial markets. Announced Tuesday, the move captures a $500 billion investment from OpenAI, Oracle, SoftBank and MGX, a firm tied to the sovereign wealth fund of the UAE.
What is Stargate, the $500 billion Trump-supported AI investment project?
OpenAI, Oracle, and SoftBank formed Stargate, a new venture investing up to $500 billion in AI infrastructure in Texas. President Donald Trump talked up the partnership on Jan. 21, calling it ”a resounding declaration of confidence in America’s potential.
Trump announces $500B Stargate AI project: 'Country will be prospering like never before'
Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.
Trump announces $500B “Stargate” AI infrastructure project with AGI aims
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
What to Know About 'Stargate,' OpenAI's New Venture Announced by Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his second presidency, Donald Trump announced the creation of a joint venture with OpenAI,
The Stargate Project: Trump and OpenAI announce $500 billion AI venture
Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in the U.S. On Tuesday, the ChatGPT maker announced The Stargate Project, a $500 billion venture to invest in AI infrastructure.
What Is Stargate? Trump's $500 Billion AI Project Explained
A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was ...
Satya Nadella says he’s ’good for his $80 billion’ after Elon Musk claims Stargate project doesn’t have the cash
Microsoft CEO Satya Nadella has distanced himself from Elon Musk and Sam Altman's dispute about funding for the President ...
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What is The Stargate Project? OpenAI’s new company explained
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
Stargate Project Signals New Era in OpenAI-Microsoft Relations
Microsoft’s absence from OpenAI’s Stargate announcement follows months of tensions and signals a new era in which the longtime partners will be less reliant on each other. Dig deeper: ...
Arm Holdings: Beware Of Project Stargate Speculation
The market's reaction to the news about Project Stargate was very positive with ARM's stock skyrocketing by as much as 16%.
The Stargate Project Is Big on Ambition and Light on Details
The Stargate AI project has prominent and wealthy backers, but $500 billion in spending could still prove to be a heavy lift.
U.S.-China AI Cold War Is Heating Up—Can OpenAI’s Stargate Settle It?
Can the $500B Stargate Project secure U.S. AI dominance? This is a 21st-century moonshot the U.S. cannot afford to miss.