The White House announced The Stargate Project, a $500 billion initiative to build AI data centers in the US. Funded by SoftBank, OpenAI, Oracle and MGX, the project will begin in Texas, with other sites under consideration.
Key details:
Tech Partners: Arm, Microsoft, NVIDIA, Oracle and OpenAI.
Collaboration: Oracle, NVIDIA, and OpenAI will build and operate the system.
Microsoft Partnership Update: OpenAI committed to a large Azure deal, with Microsoft retaining first refusal for new capacity builds.
During the press conference, Masayoshi Son, Sam Altman and Larry Ellison credited the project’s initiation to Trump’s election victory.
Source: The Verge
