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OpenAI to launch new $500 billion AI infrastructure company Stargate

  • OpenAI announced the Stargate initiative, a project to develop advanced AI infrastructure in the United States.
  • The project plans a $500 billion investment over four years, with $100 billion allocated upfront.
  • Stargate aims to strengthen US leadership in AI, create jobs, and support national security and re-industrialization.
  • Key players including SoftBank, Oracle, MGX, and OpenAI are involved in the project.

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