Stargate

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Stargate project: OpenAI, Oracle pledge support for $500 billion AI infrastructure drive

The US government has announced $500 billion in funding as part of a huge drive to expand AI infrastructure capabilities across the country. The ‘Stargate Project’ is a new company, backed by industry heavyweights including SoftBank, OpenAI, Oracle, and MGX as initial equity funders. SoftBank and OpenAI are the lead partners, with SoftBank having financial responsibility and OpenAI taking operational…