OpenAI, on January 21, announced Stargate, an innovative project for developing advanced AI infrastructure within the United States.
Stargate Initiative
The firm plans to invest an estimated $500 billion over the next four years and will allocate $100 billion to its goal upfront.
This project is aimed at strengthening the US’s leadership in artificial-intelligence, creating jobs, and contributing towards global economic growth. OpenAI highlights Stargate’s role in supporting national security, as well as the reindustrialization of America.
Stargate’s development involves a coalition of key players, including SoftBank, Oracle, MGX, and OpenAI. SoftBank is responsible for the financial aspect, and OpenAI oversees all operations. NVIDIA Microsoft Oracle and Arm are among the major technology partners that have contributed critical resources to this project. Construction is currently centered on Texas with plans to extend nationwide.
OpenAI’s existing partnerships with Microsoft and NVIDIA, as well as a new collaboration with Oracle, will form the foundation of Stargate’s infrastructure. These alliances are designed to supply the computing power needed to train AI models, and to drive innovation and artificial general intelligence (AGI).
Musk’s skepticism
Despite the project’s ambitious goals, Musk questioned the feasibility of securing the necessary funding.
He pointed out that SoftBank, one of the initiative’s principal backers, has reportedly secured significantly less than $10 billion, according to information he claims to have verified.
Musk has stated that:
“They don’t actually have the money…SoftBank has well under $10B secured. I have that on good authority.”
This skepticism is consistent with Musk’s long-standing criticism of OpenAI. Musk, a former co-founder with AI giants, parted company in 2018.
After the transition to a profit-driven model, Musk has claimed that OpenAI abandoned its mission of promoting AI for the benefit of society. Musk also alleges that OpenAI’s reliance on Microsoft’s substantial funding since 2019 has compromised its founding principles.
Musk, now the founder of xAI, has also expressed concerns that OpenAI’s dominance could hinder competition in the AI industry.
Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.
