The project which Trump calls “the largest AI infrastructure in the history of AI” has been backed by some of the biggest names in tech and business.
A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.
We are thrilled to continue our strategic partnership with OpenAI and to partner on Stargate. Today’s announcement is complementary to what our two companies have been working on together since 2019.
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
Microsoft's AI for Good Lab is offering a total of $5 million in cloud computing credits in its home state of Washington through a new grant program in conjunction with the company's 50th anniversary.
On C3.ai's recent earnings call, CEO Tom Siebel referred to this agreement as "the most significant event of the quarter and perhaps the most significant event in the company's history." Siebel believes this will shorten the company's sales cycles and be a huge catalyst for the business moving forward.
Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the $500 billion Stargate AI project announced by the companies Tuesday with President Trump at the White House.
Microsoft announces a $3 billion investment in India's cloud and AI infrastructure, emphasizing its dedication to an "AI-first" nation and the growth of the digital economy.
In a significant shift in the landscape of artificial intelligence, President Donald Trump unveiled the Stargate Project, a joint venture involving OpenAI, Oracle, and Softbank. This ambitious initiative aims to invest billions in AI infrastructure across the United States,
President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."
Financial writer highlights Microsoft Corporation's growth under Satya Nadella, with strong AI services and projected $870 target by 2030. Click for my MSFT update.