7 hours agoUS: Technological Giants Invest $500 billion in AI infrastructure
Periskopi(a year ago)
(a year ago)OpenAI, the editor of ChatGPT, has joined forces with the Technological Oracle giant, Japanese Bank Softbank and the United Arab Emirates' sovereign fund, MGX, to launch a massive artificial intelligence infrastructure project (AI) in the United States. Project, called “Stargate”, aimed at building infrastructure AI, worth a total of $500 billion. [...]
Project, called “Stargate”, aimed at building infrastructure AI, worth a total of $500 billion.
The announcement was made at the White House by President Donald Trump, who called “the biggest infrastructure project of AI so far in history”. The project has projected initial $100 billion financing, while the rest will be distributed over the next four years. Stargate is expected to create 100,000 jobs and strengthen the US position as a global leader in AI technology.
The “will be of great help through emergency statements, because we have an emergency,” said President Trump.
Sam Altman, CEO of OpenAI, present during the announcement, described the project as the most important “project of this era. ”
The AI industry has recognised a tremendous increase in recent years, increasing demand for massive data centres that require large water and energy resources. However, the Stargate venture is expected to help alleviate technological and environmental challenges to support this development. /euronews
