Source: AIGC Open Community
At 6 o'clock this morning, the three co-founders and CEOs of OpenAI, SoftBank, and Oracle, Sam Altman, Masayoshi Son, and Larry Ellison, attended the live press conference hosted by Trump.
Trump announced that SoftBank, OpenAI, and Oracle will jointly establish a new AI company, Stargate, which will invest $500 billion in the next four years. Now, $100 billion will be invested immediately to build AI infrastructure.
The era of AI boom has officially begun!
OpenAI has announced the news on its official website. The following is the original content.
Project Stargate is a newly formed company that plans to invest $500 billion over the next four years to build new AI infrastructure for OpenAI in the U.S. We will invest $100 billion immediately.
This infrastructure will ensure America’s leadership in AI, create hundreds of thousands of American jobs, and bring tremendous economic benefits around the world. The project will not only support America’s reindustrialization, but will also provide the United States and its allies with strategic capabilities to safeguard national security.
Stargate's initial equity investors include SoftBank, OpenAI, Oracle and MGX. SoftBank and OpenAI are the main partners of Stargate, with SoftBank responsible for finance, OpenAI responsible for operations, and Masayoshi Son will serve as chairman.
Arm, Microsoft, NVIDIA, Oracle, and OpenAI are key initial technology partners for the project. Construction has already begun in Texas, and we are evaluating potential sites across the country to finalize agreements for additional campuses.
As part of Project Stargate, Oracle, NVIDIA, and OpenAI will work closely together to build and operate this computing system. This continues the deep collaboration between OpenAI and NVIDIA since 2016, as well as the newer partnership between OpenAI and Oracle.
This project also continues OpenAI's existing partnership with Microsoft. OpenAI will continue to increase its use of Azure, using this additional computing power to train leading models and provide outstanding products and services as its collaboration with Microsoft continues to advance.
We all look forward to continuing to build and develop AI — especially general artificial intelligence (AGI) — for the benefit of all of humanity. We believe this step is critical to our goal and will enable creative people to explore how AI can be used to improve human society.
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