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Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture
- OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate to invest up to $500 billion in AI infrastructure.
- The initial commitment is $100 billion, with an additional $500 billion to be added over the next four years.
- The first project of the joint venture will be a data center in Texas.
- President Donald Trump is expected to loosen or repeal AI regulations.
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