OpenAI Stargate is a $500B bet: America’s AI Manhattan Project or costly dead end?
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.Read More
Read more at VentureBeat
Topics
-
Microsoft and OpenAI spar with Elon Musk over $500bn Stargate project
Tesla boss in rare break with Donald Trump over AI initiative, saying ‘they don’t actually have the money’Financial Times - 2h -
Trump announces up to $500B in private sector AI infrastructure investment
President Trump announced billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.CBS News - 2h -
Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - 20h -
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion.Inc. - 20h -
SoftBank and OpenAI back sweeping AI infrastructure project in US
Donald Trump calls $100bn initiative a ‘declaration of confidence in America’Financial Times - 16h -
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.NBC News - 21h
More from VentureBeat
-
Astro Bot wins the top prize at the New York Game Awards 2025
Astro Bot takes home another Game of the Year award at the New York Game Awards, along with two other trophies.VentureBeat - 56m -
Samsung teases Android XR devices coming later this year
Samsung teased its efforts with multimodal AI and new form factors including smart glasses and extended reality (XR) devices.VentureBeat - 1h -
DeepMind’s new inference-time scaling technique improves planning accuracy in LLMs
With "Mind Evolution" LLMs can use search and genetic algorithms to generate and combine different solutions and find the optimal one.VentureBeat - 2h -
Flow Specialty launches the 1st AI insurance broker
Flow Specialty, a specialty commercial brokerage, is announcing the industry’s first AI insurance broker. The brokerage’s platformless AI model has passed RPLU certification exams for the Cyber, ...VentureBeat - 4h -
Adam Boyes launches Vivrato consultancy to help manage big game problems
Adam Boyes has launched Vivrato, an advisory company dedicated to forging a more collaborative, sustainable, and thriving gaming future.VentureBeat - 5h
More in Tech
-
Why You Might Suddenly Be Following Trump on Instagram and Facebook
Many Instagram and Facebook users say they are confused about why they are seeing posts from the president and vice president in their feeds. Here’s what to know.The New York Times - 25m -
Elon Musk Casts Doubt on Trump’s $100 Billion Stargate A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.The New York Times - 35m -
Samsung aims to turn its next generation of Galaxy smartphones into AI companions
Samsung is injecting another dose of artificial intelligence into the next version of its Galaxy smartphones, escalating an effort to simplify people’s lives while deepening their dependence on a ...ABC News - 36m -
Sonic The Hedgehog 3's Shadow Steelbook Is Exclusive To Amazon
Sonic the Hedgehog 3 Limited Edition Steelbook (4K Blu-ray) $45 | Releases April ...GameSpot - 45m -
The US Has Bird Flu Vaccines. Here’s Why You Can’t Get One
H5N1 vaccines have been previously licensed, and millions are in the national stockpile. But even with the news of the country’s first human death due to bird flu, vaccination isn’t yet recommended.Wired - 49m