Stargate, the ambitious joint venture announced to the White House in January between Openai, Oracle, the Japanese portfolio company Softbank and others, seems to have trouble keeping its promises daring six months later.
The Wall Street Journal reported Today, citing anonymous sources, which the Stargate project has not yet finalized transactions for new data centers. The report also indicates that the group reduces its short -term objectives.
During its announcement on January 21, Stargate was presented as a new company with plans to spend $ 500 billion over the next four years to build an IA infrastructure through the US Openai claimed in a Publish (formerly Twitter) This $ 100 billion would be deployed “immediately”. The company was named after the 1994 science fiction film on an interstellar gateway.
The position has promised that the new infrastructure “would guarantee American leadership in AI, would create hundreds of thousands of American jobs and would generate a massive economic advantage for the whole world”.
The first donors of the company include Openai, Oracle, SoftBank and MGX, with SoftBank and Openai leading. SoftBank would have assumed the financial responsibility of the company, while OpenAI manages operations. Softbank CEO Masayoshi is the president of the company.
Son, CEO of Openai, Sam Altman, and the co-founder of Oracle Larry Ellison joins President Donald Trump at the White House For the first press conference of his new mandate, to promote the company. During the event, Altman and Ellison said that Stargate’s work could lead to remedies for diseases such as cancer.
Altman even said that Stargate would be “the most important project of that time”.
At the time of his announcement, the longtime rival of Altman, Elon Musk, immediately questioned the project. Musk responded directly to the OPENAI declaration X, writing, “They don’t really have the money“And added,” Softbank has much less than $ 10 billion. I have that of good authority.
The Wall Street Journal reported today that Openai and Softbank had not been able to agree on key questions concerning the partnership, in particular where to build the new sites. The group now aims to open a single smaller data center, probably in Ohio, by the end of the year, according to sources familiar with the issue.
Despite the slow start for Stargate, Altman goes ahead with his own wider ambitions from the data center.
Even today, Openai has said that it has associated with developing 4.5 Gigawatts of Data Center for A additional Stargate brand brand in the United States, although the agreement does not imply SoftBank.
Altman uses the name “Stargate” for data centers projects that did not leave SoftBank’s official partnership, including installations in Abilene and Denton, Texas, according to the newspaper. These special sites would not be funded by SoftBank, even if the Japanese company holds the Stargate trademark.
In a press release Announcing its new partnership with Oracle, Openai said: “With SoftBank, we quickly move on site assessments and reinvent the way the data centers are designed to feed advanced AI.”
