OpenAI, SoftBank and Stargate Project
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The latest agreement between OpenAI and Oracle will expand Stargate’s data center capacity, ultimately surpassing the halfway point of their goal.
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Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI infrastructure investment creating over 100,000 jobs.
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The Stargate Project launched with presidential fanfare and billion-dollar pledges, but six months later, it has no data centres and little to show for its promise
Oracle (NYSE:ORCL) and OpenAI, backed by Microsoft (NASDAQ:MSFT), have announced a partnership to build 4.5 gigawatts of additional Stargate data center capacity in the U.S., pushing total capacity under development to over 5GW.
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OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas.
On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM),
OpenAI and SoftBank didn’t immediately respond to requests for comment on the report. However, OpenAI appeared to indirectly push back against any concerns on Tuesday, announcing an agreement with Oracle to develop 4.5 gigawatts of additional Stargate data-center capacity in the U.S., containing more than two million chips.