OpenAI, led by Sam Altman, has announced a $500 billion AI infrastructure project called ‘Stargate’ in collaboration with SoftBank, Oracle, and MGX. Initial funding is set at $100 billion. Key partners include Arm, Microsoft, and NVIDIA. Construction has begun in Texas, with plans to expand. Elon Musk expressed skepticism about the project’s funding.
Elon Musk on ChatGPT maker’s $500 bn project: ‘They don’t have the money’

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