The Stargate project was unveiled at a press conference in the White House with the presence of Donald Trump, the new US preside, Sam Altman, the CEO of OpenAI, Masayoshi San, the CEO of Softbank, and Larry Ellison, the founder of Oracle. This project was to build an artificial ielligence data ceer for OpenAI with an investme of 500 billion dollars in various regions of the United States.
According to OpenAI’s stateme, ChatGPT developer company along with ARM, Microsoft, Nvidia, Oracle, OpenAI and MGX will be the first investors of this huge project which is going to be implemeed in the next 4 years. The $500 billion investme in artificial ielligence data ceers that will power OpenAI’s infrastructure is indicative of the company’s bright future in the market.
OpenAI and Softbank’s massive investme in US artificial ielligence infrastructure
This project has already started its work in the state of Texas and necessary evaluations are being done in other parts of the United States. It is said that Oracle, Nvidia and OpenAI will work closely together to build and operate this massive computing system.
SoftBank and OpenAI are the leaders of the Stargate project. SoftBank will be responsible for financing and OpenAI will be responsible for executive and operational responsibilities, and Masayoshi San will be the chairman of the board of directors of this project. In the future, dedicated OpenAI chips are likely to be used in these data ceers.
In a conference held in the White House, Sam Altman and Masayoshi Sun directly addressed Donald Trump and emphasized that the implemeation of this project was possible only with his victory in the presideial election. The Stargate project is supposed to create hundreds of thousands of jobs and guaraee America‘s leadership in the field of artificial ielligence.
Softbank had previously announced that it would invest 100 billion dollars in the next 4 years in America. This company and Trump have been working together since 2016. During his first term as preside, Softbank said it would inject $50 billion io American startups and create 50,000 jobs.
