ChatGPT maker OpenAI said on Thursday that Texas will be the “flagship” data center site in the Stargate project it is building with SoftBank.
Around 16 states have indicated interest in building data centers for Stargate, an OpenAI executive said on a conference call.
Stargate plans to invest up to $500 billion to help the United States stay ahead of China and other competitors in the global AI race.
In January, President Donald Trump announced the private sector investment initiative to fund AI infrastructure, aiming to outpace rival nations in this critical business technology.
Stargate will build data centers and create more than 100,000 jobs in the United States, Trump said.
These companies, along with other equity backers of Stargate, have committed $100 billion for immediate deployment, with the remaining investment expected to occur over the next four years.
The initial data centers for the project are already under construction in Texas, Oracle Chairman Larry Ellison had said then.
—Juby Babu, Akash Sriram, and Anna Tong, Reuters
Login to add comment
Other posts in this group
Millennials were told the 2008 recession was a “once in a generation” economic crisis. Almost two decades later, déjà vu has struck.
While the U.S. market rose following Pres
Meta is set to face off against the U.S. Federal Trade Commission on Monday in an antitrust trial that could force the social media giant to divest Instagram and WhatsApp.
The closely wa
When people talk about how AI might reshape media, the term
President Donald Trump’s administration has been predicting its barrage of tariffs targeting Chi
Jared Isaacman, billionaire, CEO and nominee to become the next NASA administrator, faced questions o
If it weren’t for Signal, Venmo might be the most infamous app of the Trump admini
