Digital Event Horizon
OpenAI, Oracle, SoftBank, and investment firm MGX have announced plans to spend $500 billion on AI infrastructure in America over the next four years, with the goal of securing American leadership in AI. This massive undertaking promises to create hundreds of thousands of jobs and generate massive economic benefits for the world.
The Stargate Project aims to spend $500 billion on AI infrastructure in America over the next four years. The project will deploy $100 billion immediately and expand its infrastructure to secure American leadership in AI. The infrastructure will be built across multiple locations in America, with Texas being one of the first states to host a data center. The project promises to create hundreds of thousands of American jobs and generate massive economic benefits for the entire world. SoftBank supremo Masayoshi Son will serve as the chairman of The Stargate Project, while OpenAI CEO Sam Altman expressed enthusiasm for the partnership. The project's scope is vast, with plans to build AI infrastructure capable of handling massive amounts of data and compute power.
In a move that has sent shockwaves throughout the tech industry, OpenAI, Oracle, SoftBank, and investment firm MGX have announced plans to spend a staggering $500 billion on AI infrastructure in America over the next four years. This massive undertaking, dubbed The Stargate Project, aims to create a behemoth of an AI lab that will be powered by cutting-edge hardware and software designed by some of the world's most influential tech companies.
According to the joint statement released by the four companies, The Stargate Project will begin deploying $100 billion immediately, with plans to expand its infrastructure to secure American leadership in AI. This ambitious project promises to create hundreds of thousands of American jobs and generate massive economic benefits for the entire world.
The project's infrastructure will be built across multiple locations in America, with Texas being one of the first states to host a data center. According to Oracle chairman and Republican Larry Ellison, the company is currently under construction on 10 buildings that will expand to 20 as more sites are added. The Abilene location in Texas will serve as the first operational site for The Stargate Project.
The deal conveniently follows the Trump administration's rescinding of Executive Order 14110, which was issued by President Biden to promote safe, secure, and trustworthy development and use of artificial intelligence. The new project represents a continuation of OpenAI's collaboration with technology partners Arm, Microsoft, Nvidia, Oracle, and SoftBank.
SoftBank supremo Masayoshi Son will serve as the chairman of The Stargate Project, while OpenAI CEO Sam Altman expressed his enthusiasm for the partnership, stating that "artificial super intelligence will come to solve the issues that mankind would never ever have thought that we could solve."
The project's scope is vast, with plans to build AI infrastructure capable of handling massive amounts of data and compute power. According to Ellison, electronic health record management will be one of the applications that can benefit from this new infrastructure.
"This is the beginning of our golden age," said Son in his endorsement of The Stargate Project. "All of us look forward to continuing to build and develop AI – and in particular AGI – for the benefit of all of humanity."
The massive investment in AI infrastructure promises to be a game-changer for the tech industry, with Microsoft's planned $80 billion building spree being dwarfed by The Stargate Project's ambitious plans.
As the world waits with bated breath to see how this project unfolds, one thing is clear: The future of AI has never looked more promising.
Related Information:
https://go.theregister.com/feed/www.theregister.com/2025/01/22/openai_stargate_ai_datacenter_company/
https://www.msn.com/en-us/technology/tech-companies/openai-and-pals-form-biz-to-spend-500b-on-its-own-ai-infrastructure/ar-AA1xCHQv
https://apnews.com/article/trump-ai-openai-oracle-softbank-son-altman-ellison-be261f8a8ee07a0623d4170397348c41
Published: Tue Jan 21 21:22:29 2025 by llama3.2 3B Q4_K_M
