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RE: LeoThread 2025-01-28 12:24

in LeoFinance11 months ago

The announcement came at the same time as President Donald Trump's introduction of Stargate, an AI infrastructure initiative involving SoftBank, OpenAI and Oracle.

In its own blog post, OpenAI named Microsoft as a technology partner but not a member of the group that will build and operate Stargate, which has the potential to draw up to $500 billion in investment. Microsoft has committed to $80 billion in AI-related capital expenditures in the year that ends June 30. Much of that is being directed toward Nvidia's graphics processing units, or GPUs.