OpenAI and Softbank team up for a $500 billion AI data center venture

OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker, and according to their announcement, it will "secure American leadership in AI" as well as "create hundreds of thousands of American jobs." SoftBank will finance the project, while OpenAI will be in charge of its operations. Masayoshi Son, the CEO of SoftBank, will serve as its chairman.

While OpenAI and SoftBank will serve as the Stargate Project's lead partners, there are several other companies involved in the initiative. In addition to OpenAI, Arm, NVIDIA, Oracle and, of course, Microsoft will be its key initial technology partners. The company's official announcement says OpenAI, NVIDIA and Oracle will ...