Stargate Project to invest USD $500bn in AI for OpenAI

The Stargate Project has announced plans to invest USD $500 billion over the next four years to develop artificial intelligence infrastructure for OpenAI in the United States.

An initial deployment of USD $100 billion is set to commence immediately. The infrastructure aims to enhance American leadership in AI, create numerous jobs across the United States, and offer significant economic advantages globally. This initiative also seeks to support America's re-industrialisation and bolster national security efforts for both the US and its allies.

The initial equity funders for the Stargate Project are SoftBank, OpenAI, Oracle, and MGX, with SoftBank and OpenAI leading the partnership. SoftBank is tasked with financial responsibility while OpenAI will manage operational aspects. Masayoshi Son will serve as chairman of the project.

Key technology partners contributing to the initiative include Arm, Microsoft, NVIDIA, Oracle, and OpenAI. Construction is currently underway in Texas, with additional sites being considered across the United States as definitive agreements are being finalised.

Oracle, NVIDIA, and OpenAI will collaborate closely to construct and operate the computing infrastructure. This partnership expands upon a long-standing collaboration between OpenAI and NVIDIA that began in 2016, and a newer arrangement with Oracle.

The project also extends OpenAI's ongoing partnership with Microsoft, where the use of Azure will be increased as part of OpenAI's development and deployment of models and services.

OpenAI commented, "All of us look forward to continuing to build and develop AI—and in particular AGI—for the benefit of all of humanity. We believe that this new step is critical on the path, and will enable creative people to figure out how to use AI to elevate humanity."

The initiative also seeks engagement with firms involved in data centre infrastructure development, such as power and land provision, construction, and equipment supply.