• Latest
  • Trending
SoftBank to invest $100 billion in the US, focussing on AI & Jobs

OpenAI & SoftBank launch $500 bn ‘Stargate AI’ Project

22 January 2025
Data Story: Cochin Port achieves highest ever cargo traffic in FY25

Data Story: Vessels at anchorage fall in major Indian ports

1 July 2025
Data Story: NMDC iron ore price revision

Indian iron ore prices unlikely to see uptick on subdued DCE & SGX

30 June 2025
Chara Technologies builds electric motors without rare earths

Chara Technologies builds electric motors without rare earths

30 June 2025
Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director

Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director

30 June 2025
Japanese Telecom firm, NTT plans $864 million data centre REIT in Singapore: Report

Japanese Telecom firm, NTT plans $864 million data centre REIT in Singapore: Report

30 June 2025
Data Story: Coffee Futures Prices – ICE Arabica (New York) & Robusta (Europe) – As of June 6, 2025

Data Story: Indian Coffee exports jump in value term

29 June 2025
Tata Steel commemorates a decade of MOSAIC, its Diversity & Inclusion initiative

Tata Steel commemorates a decade of MOSAIC, its Diversity & Inclusion initiative

29 June 2025
OpenText appoints Kristen Ludgate to Board of Directors

OpenText appoints Kristen Ludgate to Board of Directors

29 June 2025
Cognizant’s Rs 1,583 cr investment in Vizag to generate 8,000 tech jobs

Cognizant’s Rs 1,583 cr investment in Vizag to generate 8,000 tech jobs

29 June 2025
Data Story: Vizhinjam Port handles 7.33 lakh TEUs in first year

Data Story: Vizhinjam Port handles 7.33 lakh TEUs in first year

29 June 2025
Data Story: Zinc prices rise as dollar weakens

Data Story: Zinc prices rise as dollar weakens

28 June 2025
Meta faces backlash over DEI cuts as companies clash on diversity policies

Meta plans to raise $29 billion for AI centres

28 June 2025
Tuesday, July 1, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

OpenAI & SoftBank launch $500 bn ‘Stargate AI’ Project

in Blog
Reading Time: 2 mins read
0
SoftBank to invest $100 billion in the US, focussing on AI & Jobs

Athira Sethu

Kochi, 22 January 2025

RelatedPosts

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

The role of Rare Earth metals in everyday technology

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

SoftBank Group and OpenAI have launched a gigantic $500 billion project called “The Stargate Project” that will create high-end AI infrastructure across the United States. Masayoshi Son, the CEO of SoftBank, will head this project as chairman, which will be implemented in the next four years.

It begins with an instant investment of $100 billion, bringing together some major players in the tech world. SoftBank will take care of the financial part of the deal, while OpenAI will manage operations. Oracle and MGX are also equity funders, thus adding strength to the partnership.

Some of the main technology partners to be involved are Microsoft, Nvidia, Arm, and Oracle. Work has begun at the location in Texas, and others are scheduled across the U.S. OpenAI will take deeper collaboration with Microsoft by significantly leveraging Azure cloud computing. The companies have collaborated with OpenAI since 2016, and one of them is Nvidia, whose advanced computing resources will also help in providing cutting-edge power in the AI ecosystem.

The project, OpenAI said, would help accelerate U.S. leadership in AI and create hundreds of thousands of jobs. The funding will further enable continued research on AGI, provide the necessary computing resources, and allow for training leading-edge AI models.

“This investment will re-industrialize America and give OpenAI the computing power it needs for AGI research,” said OpenAI in a statement.

The Stargate Project has received support from technology leaders and national security officials, and it has been considered as a project that would keep the U.S. competitive in AI development. OpenAI stated that its mission is to use AI for the benefit of humanity and believes this project is a step forward.

With this massive infrastructure effort, OpenAI hopes to empower creative minds to explore how AI can enhance humanity’s future.

Related Posts

Infosys Chairman Nilekani predicts a long journey for enterprise AI Adoption

Dramatic trends playing out simultaneously: Infosys’ Chairman, Nandan Nilekani

by databiztimes.com
26 June 2025
0

Athira Sethu Kochi, 26 June 2025 Infosys Chairman Nandan Nilekani addressed the company's annual general meeting and reiterated that the...

The role of Rare Earth metals in everyday technology

The role of Rare Earth metals in everyday technology

by databiztimes.com
18 June 2025
0

Athira Sethu Kochi, 18 June 2025 Rare earth metals are crucial to the technology that we use daily. These metals...

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

Cognizant named one of America’s Greatest Workplaces and Greatest Workplaces in Tech

by databiztimes.com
8 June 2025
0

DBT Bureau Pune, 8 June 2025 Cognizant announced it has been named one of America’s Greatest Workplaces 2025 and one...

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

Ransomware attacks targeting industrial operators surge 46% in one quarter, Honeywell report finds

by databiztimes.com
4 June 2025
0

DBT Bureau Pune, 5 June 2025 In a growing wave of sophisticated cyber threats against the industrial sector, ransomware attacks...

Data Story: Cochin Port achieves highest ever cargo traffic in FY25
Data Story

Data Story: Vessels at anchorage fall in major Indian ports

by databiztimes.com
1 July 2025
0

DBT Bureau Bengaluru, 1 July 2025 Major ports like Paradip Port and Deendayal Port (Kandla) continued to see heavy traffic...

Read moreDetails
Data Story: NMDC iron ore price revision
Data Story

Indian iron ore prices unlikely to see uptick on subdued DCE & SGX

by databiztimes.com
30 June 2025
0

Debasis Mohapatra Bengaluru, 1 July 2025 Tepid iron ore futures price in key commodity exchanges point towards a dim pricing...

Read moreDetails
Chara Technologies builds electric motors without rare earths
Tech

Chara Technologies builds electric motors without rare earths

by databiztimes.com
30 June 2025
0

Athira Sethu Kochi, 30 June 2025 In the last few months, the world auto industry has encountered a new challenge,...

Read moreDetails
Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director
Media Release

Board of Directors of Karnataka Bank accepts resignation of MD & CEO and Executive Director

by databiztimes.com
30 June 2025
0

DBT Bureau Pune, 30 June 2025 The Board of Directors of Karnataka Bank has accepted the resignation of the Bank’s...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.