OpenAI and SoftBank Invest $19 Billion Each in Stargate AI Data Center

Reported about 16 hours ago

OpenAI and SoftBank are each investing $19 billion to develop Stargate, a joint venture focused on building AI data centers in the U.S. OpenAI will hold a 40% stake in the project, which aims to enhance the U.S.'s capabilities in artificial intelligence amid global competition, with a total funding of $500 billion announced to be spent over the next four years.

Source: YAHOO

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