OpenAI-SoftBank’s $100 billion Stargate venture touted by Donald Trump will tap solar power

January 27, 2025

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Artificial Intelligence

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A $100 billion venture that President Donald Trump heralds as accelerating artificial intelligence in the US is expected to depend in part on power sources favored by his climate-focused predecessor — solar and batteries.

Trump unveiled the Stargate joint venture involving SoftBank Group Corp., OpenAI and Oracle Corp. on Tuesday. The companies will initially invest $100 billion to build US-based infrastructure including data centers for OpenAI. While company executives during the White House announcement outlined a goal for Stargate to deploy “at…

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OpenAI-SoftBank’s $100 billion Stargate venture touted by Donald Trump will tap solar power

January 27, 2025

, By admin

Artificial Intelligence

A $100 billion venture that President Donald Trump heralds as accelerating artificial intelligence in the US is expected to depend in part on power sources favored by his climate-focused predecessor — solar and batteries.

Trump unveiled the Stargate joint venture involving SoftBank Group Corp., OpenAI and Oracle Corp. on Tuesday. The companies will initially invest $100 billion to build US-based infrastructure including data centers for OpenAI. While company executives during the White House announcement outlined a goal for Stargate to deploy “at…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Padma Shri award: VC fund Accel’s Prashanth Prakash awarded Padma Shri in trade and industry category

Next News

Mithun Sacheti’s Axana Estates, Plutus To Launch Open Offer For Nazara

Hi! This is Admin.

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