OpenAI Partners with SoftBank and Oracle on $500B AI Data Center Initiative

OpenAI Partners with SoftBank and Oracle on $500B AI Data Center Initiative
OpenAI has announced the Stargate Project, a collaboration with SoftBank and Oracle to establish AI infrastructure in the U.S., potentially attracting up to $500 billion in funding over the next four years. This venture aims to solidify OpenAI's lead in the AI sector, boasting 300 million weekly users and over 1 million paying businesses. The first data center is already under construction in Abilene, Texas. Competitors like Anthropic and xAI are unlikely to match this level of investment, raising the stakes in the AI arms race. Notably, Microsoft is no longer OpenAI's exclusive cloud provider.