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Technology

Kevin Okemwa

OpenAI unveils $500 billion Stargate project to emancipate its overreliance on Microsoft's infrastructure — as Elon Musk questions investor liquidity

OpenAI Elon Musk Microsoft SoftBank Sam Altman Oracle Larry Ellison Masayoshi Son Azure The United States

The OpenAI logo appears on the screen of a smartphone.

OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, and President Donald J. Trump alongside Oracle and MGX recently announced a project worth $500 billion dubbed Stargate. The colossal investment will be used to build massive data centers for AI advances in the United States.

The ChatGPT maker indicated that it will deploy up to $100 billion towards the project, potentially creating hundreds of thousands of American jobs while bolstering the economy. SoftBank and OpenAI are the leading partners of the project, with the former handling the finances and the latter taking the operational responsibility.

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