Key points:
• A new company, Project Stargate, has been formed to accelerate the development of artificial general intelligence (AGI) in the US, with an investment of $500 billion over four years.
• The company will have 10 data centers built immediately, with plans to build 20 more, and will be led by SoftBank and operated by OpenAI.
• Microsoft will have the right of first refusal for AI infrastructure, but will no longer be the exclusive partner for OpenAI.
A new company, Project Stargate, has been formed to accelerate the development of artificial general intelligence (AGI) in the US. The company, which is backed by several large technology firms including OpenAI, SoftBank, Oracle, Nvidia, and MGX, will invest $500 billion over the next four years to support the US’ quest to achieve AGI faster than competing nations.
Bold: Artificial General Intelligence (AGI) is a phase where a machine can think and act like a human being, and is considered a critical goal for the US.
The company, which will be financially led by SoftBank and operationally by OpenAI, will have Arm, Microsoft, Nvidia, Oracle, and OpenAI acting as key technology partners. The partners have already begun building data centers in Texas, with plans to build at least 10 data centers, each with an area of at least half a million square feet.
Bold: Microsoft will have the right of first refusal for AI infrastructure, but will no longer be the exclusive partner for OpenAI. This means that Microsoft will have the opportunity to use OpenAI’s infrastructure for its own AI workloads, but will no longer be the only company to have access to it.
The development of Project Stargate is seen as a major boost for the US’ efforts to achieve AGI, and is expected to create hundreds of thousands of American jobs and support the re-industrialization of the US. The project is also expected to help the US protect its national security, as AGI is seen as a critical technology for the country’s defense.
Bold: President Trump has promised to help the company’s partner companies meet the electricity and energy requirements to build out the data centers, which is seen as a significant move given the growing demand for power from AI data centers.
Overall, the development of Project Stargate is a major milestone in the development of AGI, and is expected to have significant implications for the US technology industry.
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