Stargate: A $500 Billion AI Dream by OpenAI, SoftBank, Oracle, and Trump
In a massive stride towards securing US leadership in artificial intelligence, President Trump announced the launch of the Stargate project – a $500 billion joint AI venture among OpenAI, SoftBank, and Oracle. Set to create hundreds of thousands of jobs and advance US tech dominance, Stargate starts with a $100 billion investment this year, scaling up over four years. Notably, SoftBank oversees finances while OpenAI handles operations, with construction initially in Texas. However, questions arise regarding financial feasibility and environmental impact, stirring mixed reactions.
Jan 22