On the second day of his new term in office last week, President Donald Trump made a big splash by announcing Stargate, a new private joint venture that could have a major impact on AI innovation ...
AI leaders Larry Ellison of Oracle and Sam Altman of OpenAI are leading the newly announced Stargate initiative. Rising investment in AI infrastructure looks like a major tailwind for cloud ...
OpenAI is the producer of the chatbot ChatGPT. Both companies revealed earlier this month that they would be the lead partners for The Stargate Project joint venture, a large data centre project ...
The launch of the Chinese AI chatbot came just a few days after Trump announced Stargate, a $500 billion project designed to preserve the U.S.'s control over the AI industry.
While there's no doubt each of these companies has enormous potential under Stargate, I don't think traditional AI stocks will be the biggest beneficiaries from this massive infrastructure investment.