OpenAI, Oracle, SoftBank, and MGX will invest $500 billion over four years to build AI infrastructure for OpenAI's ChatGPT super-lab. The project, named The Stargate Project, will see the construction of massive data centers in Texas and other locations, using technology from partners like Arm, Microsoft, Nvidia, and Oracle. This investment aims to solidify America's AI leadership, create jobs, and drive global economic benefit.
OpenAI, Oracle, SoftBank, and investment firm MGX on Tuesday announced plans to spend $500 billion on AI infrastructure in America over the next four years, to be used by the ChatGPT super-lab.
Specifically, the four will pour said billions, starting with $100 billion, into a new company named The Stargate Project, which will be operated by OpenAI. Stargate will effectively take that money and build AI infrastructure for OpenAI to use to create more machine-learning models.."This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world.
Microsoft will have a right to first refusal for providing OpenAI with more compute capacity as the latter needs, and if that doesn't work out, OpenAI can turn to another provider. It sound as though OpenAI intends to score more compute capacity for carrying out research and model training.
"All of us look forward to continuing to build and develop AI – and in particular AGI – for the benefit of all of humanity," the companies said in their statement, referring to"artificial general intelligence," an ill-defined notion of AI models capable of human-level cognition that OpenAI CEO Sam Altman only a day earlier."We believe that this new step is critical on the path, and will enable creative people to figure out how to use AI to elevate humanity.
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