OpenAI, SoftBank Each Commit $19 Billion to Stargate Data Center Venture
Wednesday, Jan 22, 2025 8:38 pm ET
1min read OpenAI and SoftBank have each committed $19 billion to the Stargate data center venture, according to a report by The Information. This significant investment will support the development of advanced AI infrastructure in the United States, with the goal of securing American leadership in the field and creating hundreds of thousands of jobs.
The Stargate project, led by OpenAI, Oracle, and SoftBank, aims to build new AI infrastructure for OpenAI over the next four years. The initial equity funders in Stargate include SoftBank, OpenAI, Oracle, and MGX, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will serve as the chairman of the project.
Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners in the Stargate project. The buildout is currently underway, starting in Texas, and the project is evaluating potential sites across the country for more campuses as definitive agreements are finalized.
As part of the Stargate project, Oracle, NVIDIA, and OpenAI will closely collaborate to build and operate the computing system. This collaboration builds on a deep partnership between OpenAI and NVIDIA, which dates back to 2016, and a newer partnership between OpenAI and Oracle.
The Stargate project also builds on the existing OpenAI partnership with Microsoft. OpenAI will continue to increase its consumption of Azure as it continues its work with Microsoft, using this additional compute to train leading models and deliver great products and services.
The Stargate project is expected to create hundreds of thousands of American jobs, both directly and indirectly, as the project aims to support the re-industrialization of the United States and generate massive economic benefits for the entire world. The project will not only create jobs in the AI and data center sectors but also stimulate economic growth and innovation.
The Stargate project is a significant step in securing American leadership in AI and creating a strategic capability to protect the national security of America and its allies. The project's focus on advanced AI development and job creation highlights the importance of investing in AI infrastructure and the potential benefits it can bring to the United States and the world.
In conclusion, the Stargate project, led by OpenAI, SoftBank, and Oracle, is a significant investment in AI infrastructure that aims to secure American leadership in the field, create hundreds of thousands of jobs, and generate massive economic benefits for the entire world. The project's focus on advanced AI development and collaboration between key technology partners highlights the potential for AI to drive innovation, economic growth, and national security.
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