Stargate Project Brings Together OpenAI, SoftBank, Oracle For AI Infrastructure
Sam Altman-led artificial intelligence pioneer OpenAI Inc. has roped in Larry Ellison's tech bellwether Oracle Inc. and Masayoshi Son's global investment firm SoftBank Inc for a $500-billion AI infrastructure endeavour.
Shortly after his return to the White House, Donald Trump unveiled the multi-billion-dollar project dubbed The Stargate Project on Tuesday.
Stargate will be a new company under the chairmanship of Son. SoftBank will have financial responsibility, while OpenAI will look after operational responsibility. Along with the three, MGX is also one of the initial equity investors in the venture. AI tech leader Nvidia, along with Arm, Microsoft, Oracle, and OpenAI are the key initial technology partners.
The project will deploy $100 billion immediately and this infrastructure will secure American leadership in AI, OpenAI said in a statement. The company is set to create thousands of American jobs, and will generate massive economic benefit on a global scale.
"This project will not only support the re-industrialisation of the United States but also provide a strategic capability to protect the national security of America and its allies," according to OpenAI.
Stargate will build campuses that can provide energy for increasingly powerful artificial intelligence tools, which are infamous for purportedly sapping much more energy than a typical Google search. The buildout is currently underway starting in Texas.
Stargate brings together Oracle, Nvidia, and OpenAI in close collaboration to build and operate this new system. This also builds on the existing OpenAI partnership with Microsoft.
"All of us look forward to continuing to build and develop AI — and in particular AGI — for the benefit of all of humanity. We believe that this new step is critical on the path, and will enable creative people to figure out how to use AI to elevate humanity," said OpenAI.
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