The Half A Trillion Dollar Stargate AI Venture Is Now Falling Victim To The Disagreements Between OpenAI And SoftBank ...Middle East

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The Half A Trillion Dollar Stargate AI Venture Is Now Falling Victim To The Disagreements Between OpenAI And SoftBank

Stargate was supposed to cement America's ascendancy in the still-fledgling AI sphere, which is widely considered the defining technology of the 21st century. Yet, this gargantuan venture, worth around half of a trillion dollars, is now falling victim to the disagreements between its principal backers: OpenAI and SoftBank. As a refresher, President Trump had announced the Stargate venture back in January, entailing at least $500 billion in investments to build out the requisite AI infrastructure in the US over the next four years. Stargate was supposed to rope in a number of tech companies, with OpenAI, SoftBank, Oracle, and MGX […]

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