As OpenAI launches $500B “Stargate” project, critics express skepticism
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
OpenAI is focusing on AI infrastructure with Stargate as rivals like China's DeepSeek close the gap on its AI models.
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Such announcements aren’t without political risks, as OpenAI learned when Trump adviser Elon Musk criticized the deal on the ...
Tech news outlet The Information first reported on an OpenAI data centre project called Stargate in March 2024, indicating ...
Can the $500B Stargate Project secure U.S. AI dominance? This is a 21st-century moonshot the U.S. cannot afford to miss.
Mark Zuckerberg has announced a new spending plan for Meta which includes building an "AI engineer" to help with coding.
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