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.
Microsoft is also involved in Stargate as a tech partner. So are Arm and Nvidia. Middle East AI fund MGX will join SoftBank in its investment; MGX’s first public deal was an investment in OpenAI.
SoftBank, OpenAI, and Oracle are also listed as “initial equity investors” in Stargate.
It’s interesting that FoxNews omit that the source for big part of that funding is coming from Middle East.
It’s interesting that FoxNews omit that the source for big part of that funding is coming from Middle East.