OpenAI and SoftBank are reportedly putting $19B each into Stargate

OpenAI and SoftBank are each planning to commit $19 billion to Stargate, a massive data center infrastructure project across the U.S. The joint venture aims to invest up to $500 billion in data centers to support OpenAI's AI workloads. Partners have initially pledged $100 billion, with some funds already allocated to a facility in Abilene, Texas. This significant investment highlights the growing demand for AI computing power and could greatly expand OpenAI's capabilities.