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Trump, Softbank, Oracle, and OpenAI Unveil $500 Billion Stargate AI Project

  • OpenAI, Oracle, SoftBank, and MGX announced a $500 billion investment in AI infrastructure in America over the next four years for the ChatGPT super-lab.
  • The new company, named The Stargate Project, will be operated by OpenAI and will start with an immediate $100 billion investment.
  • SoftBank will manage finances, and Masayoshi Son will serve as chairman of Stargate.
  • The project aims to secure American leadership in AI, create jobs, and generate global economic benefits.
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