SoftBank, OpenAI, and Oracle Partner to Develop AI Infrastructure in the US
A new joint venture, Stargate, is being formed by SoftBank Group, OpenAI, and Oracle. This venture will focus on developing artificial intelligence infrastructure in the United States, with significant support from the US government.
SoftBank Chairman and CEO Masayoshi Son will lead Stargate as its chairman. SoftBank will also manage the venture's finances. Arm Holdings, a Nasdaq-listed subsidiary of SoftBank, will contribute its chip technology. Additionally, Microsoft, Nvidia, and Oracle will serve as key vendors for the project.
The venture's total value is estimated to be half a trillion dollars, making it a significant investment in the future of AI development. With the backing of major players in the tech industry and the US government, Stargate has the potential to make substantial contributions to the advancement of AI infrastructure in the United States.
6 Comments
ZmeeLove
More investment in AI means better technologies and solutions for everyday problems. Thrilled to see this development!
Habibi
The collaboration between these companies is a great opportunity for talent development in tech. Excited to see the results!
Muchacho
Big partnerships like this can accelerate development and ensure that the U.S. remains a leader in AI.
Coccinella
This just sounds like another way for big corporations to monopolize AI development. It’s all about profits, not progress.
Bella Ciao
Why is the government supporting this? We should prioritize ethical AI over corporate gain. This is concerning!
Michelangelo
This partnership could bridge the gap between innovation and practical applications in various industries.