OpenAI’s Stargate project reportedly doesn’t have the money it needs
SMRTR summary
OpenAI's Stargate project aims to build massive data centers in the U.S., with potential investments of $100-500 billion. The project currently lacks a fully developed plan and secured funding, with OpenAI and SoftBank each committing only $15 billion initially, while seeking additional equity and debt financing to reach its ambitious goals.
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