Home News OpenAI and Softbank have launched a $500 billion AI Data Center Company

OpenAI and Softbank have launched a $500 billion AI Data Center Company

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OpenAI and Softbank have launched a $500 billion AI Data Center Company
The Stargate Project was announced at a White House Press Conference on

by Masayoshi son, Sam Altman and Larry Ellison. OpenAIsaid that “Arm, Microsoft NVIDIA, Oracle and OpenAI” were the initial tech partners. A buildout was “currently underway,” starting in Texas, while other sites around the country were evaluated. Oracle, NVIDIA and OpenAI are also listed as “closely collaborating” to build and run this computing system.

Separately Microsoft announced an update to its partnershipwith OpenAI. It said that the key aspects of their deal would continue through 2030. This included “our access to OpenAI’s IP, revenue sharing arrangements, and our exclusivity for OpenAI’s AIs.” Son and Altman, in a press conference to announce the projectspoke directly to Trump. They said that the project was only possible because of Trump’s election victory.

www.aiobserver.co

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