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What is Stargate, a $500-bn venture of OpenAI, SoftBank & Oracle?
short by Bhawana Chaudhary / on Wednesday, 22 January, 2025
US President Donald Trump on Tuesday announced a joint venture between ChatGPT-maker OpenAI, Japanese firm SoftBank and cloud giant Oracle that'll invest in building US' AI capabilities. The alliance, called Stargate, will invest $500 billion at least over the next four years. The project aims to support the "re-industrialisation of US" and create hundreds of thousands of jobs, OpenAI said.
read more at Hindustan Times