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Stargate AI project to exclusively serve OpenAI, FT reports

Hosted on MSN · 2h

Trump's Stargate AI project backed by OpenAI, Oracle, and SoftBank is taking shape: Here's what we know

One of the Trump White House's first big announcements aligned itself with the artificial intelligence boom. In a splashy announcement on his second day in office, President Trump told Americans that a new $500 billion project — backed by SoftBank (SFTBY),

Stargate artificial intelligence project to exclusively serve OpenAI, FT reports

Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times reported on Thursday.

Forbes on MSN · 3h

Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI

The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.

Elon Musk bashes Trump's AI project Stargate

MarketWatch on MSN · 1d

Elon Musk has his doubts about Stargate. Here’s why he may be right.

Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.

NBC News on MSN · 2d

Elon Musk undercuts Trump's Stargate AI investment announcement

Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. artificial intelligence infrastructure.

CNBC on MSN · 1d

Elon Musk 'is right' about SoftBank funding for Stargate, says Jefferies Asia

Atul Goyal, Managing Director at Jefferies Asia, explains why he's worried about SoftBank's future performance after the company pledged investment in the $500-billion Stargate joint venture to fund U.

27m

Stargate will use solar and batteries to power $100B AI venture

But nuclear’s recent history has been beset by cost overruns and delays. The fresh crop of nuclear startups were largely ...

2h

Stargate’s $500 Billion AI Bet: Have We Forgotten The Hidden Cost?

Countries race to elevate their AI competency by building datacenters. It is critical to bake environmental sustainability ...

46m

OpenAI’s $100 Billion Stargate Data Center in Texas Is Only Set to Employ 57 People

Despite its massive scale, Stargate intends to employ “at least” 57 full-time employees earning an average wage of just ...

1h

RealClearPolitics: Trump's AI Infrastructure Project, Stargate or Skynet?

Wednesday on the RealClearPolitics podcast, Andrew Walworth, Tom Bevan, and Carl Cannon discussed President Trump introducing ...

Texas Public Radio41m

Stargate’s $500 billion bet on AI

The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to ...

Defense News27m

Power generation challenges could overshadow Stargate AI initiative

Pentagon officials said the U.S. lacks the energy resources and computing power to support the new infrastructure — and ...

1don MSN

Stargate: Artificial Superintelligence in 4 Years?

The $500 billion Stargate artificial intelligence project was officially announced by President Donald Trump at a press ...

6hon MSN

What does OpenAI get from Stargate? A $500 billion chance to build a whole new moat.

OpenAI is putting its focus on AI infrastructure with Stargate at a time when rivals like China's DeepSeek are closing the ...

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