Softbank and OpenaI Building a Half a Trillion of AI Infrastructure by 2029
by Brian Wang from NextBigFuture.com on (#6TQWS)
On January 21, 2025, President Trump, Softbank, OpenAI, Oracle and MGX announced details of the Stargate project, with an initial commitment of $100 billion and plans to invest up to $500 billion over the next four years. Oracle's Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI Sam Altman were present to jointly announce the formation ...