OpenAI announces new initiative 'The Stargate Project'

In a major boost for artificial intelligence, Sam Altman-led OpenAI has unveiled a new initiative, 'The Stargate Project,' with an investment of $500 billion to develop AI infrastructure over the next four years. The project will focus on building data centres dedicated exclusively to OpenAI as the company continues to expand its generative AI computing capabilities and making AI advancements.

An initial $100 billion is set to be deployed at an immediate basis to kick-start the initiative.  Stargate's development is being led by SoftBank, OpenAI, Oracle, and Abu Dhabi's MGX.

The construction phase has already commenced, beginning in Texas. This initial site is believed to be Oracle's project in Abilene, Texas, a location leased from Crusoe. Oracle founder Larry Ellison, while speaking at a White House press conference, revealed that 10 data centres are under construction at the Texas site. 

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OpenAI has also hinted at plans to expand further, stating that it is "evaluating potential sites across the country for additional campuses as we finalise definitive agreements."

Tech leaders gearing up for The Stargate project 

Several technology leaders, including SoftBank’s Arm, Microsoft, Nvidia, Oracle, and OpenAI, will play crucial roles in the project. The collaboration between OpenAI, Oracle, and Nvidia will be central to building and operating the new computing system.

OpenAI also highlighted its long-standing relationship with Nvidia, which began in 2016, as well as a more recent partnership with Oracle during the announcement of this OpenAI project. 

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