OpenAI, SoftBank, and Oracle Launch $500 Billion AI Data Center Project

OpenAI, SoftBank, and Oracle have launched the Stargate Project, aiming to invest up to $500 billion in AI infrastructure in the U.S. over four years, starting with $100 billion. The initiative begins in Texas and promises to create numerous jobs while bolstering U.S. AI leadership. Key tech partners include Microsoft, Nvidia, and Arm, with MGX as an investor, focusing on building data centers to support AI advancements.

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