At a news conference at the White House, US Preside Donald Trump, along with promine figures from the technology world, including Sam Altman, Openai CEO, Masayoshi Sun, CEO of Softbank, and Lori Ellison, the founder of Oracle, was prese. This importa gathering was arranged to unveil the ambitious project “Stargate”. The main purpose of the project is to create huge data -driven infrastructure for large -scale artificial ielligence in differe parts of the United States. To achieve this goal, a significa $ 500 billion investme is considered.
Openai, best known for the developme of ChatGPT, said in an official stateme that it will be among the first investors of this huge project, along with companies such as logo, Microsoft, Nvidia, Oracle and MGX. The projected time plan for the project is 4 years. The allocation of this volume of capital, $ 500 billion in creating artificial ielligence data ceers that supply Openai’s critical infrastructure, clearly reflects the company’s clear prospects in the artificial ielligence market.

The Stargate project is currely operating in Texas, and additional evaluations for locating data ceers in other states of the United States are under way. According to available information, Oracle, Nvidia and Openai will have a close cooperation in the construction and operation of this extensive computing system. Stargate project leadership will be led by Softbank and Openai. The Softbank is the main responsibility for financing the project, while OpenAI will manage executive and operational responsibilities. Masayyushi Sun has also been appoied chairman of the project’s board of directors. In the future, Stargate data ceers are expected to benefit from Openai’s dedicated chips.
During the White House conference, both Sam Altman and Masayyushi San directly addressed Donald Trump, insisting that the project was achieved directly with his victory in the presideial election. Releva. The Stargate project seeks to create hundreds of thousands of new job opportunities and consolidate the US position as a global pioneer in artificial ielligence.
It is worth noting that Softbank had previously announced its $ 100 billion investme program in the United States over the next four years. The collaboration between Softbank and Trump goes back to 2016. In the first term of Trump’s presidency, Softbank had pledged to invest $ 50 billion in US startups and create 50,000 new jobs.

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Source: Openai




