Stargate, a high-profile artificial intelligence infrastructure project trumpeted by Donald Trump this week, will exclusively serve ChatGPT maker OpenAI, according to people familiar with the matter.
The venture plans to spend $100bn on Big Tech infrastructure projects, with the figure rising to as much as $500bn over the next four years, OpenAI and SoftBank, Stargate’s two main backers, said on Tuesday. Oracle and Abu Dhabi state AI fund MGX are also founding partners.
Trump lauded the SoftBank-backed initiative on Tuesday at a White House event attended by OpenAI chief Sam Altman and other tech executives as “a resounding declaration of confidence in America’s potential under a new president.”
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