OpenAI announces $500 bn ‘The Stargate Project’; here’s what we know so far

Sam Altman-led OpenAI has unveiled a new initiative, ‘The Stargate Project,’ committing $500 billion to developing AI infrastructure over the next four years.

The project will focus on building data centres dedicated exclusively to OpenAI as the company continues to expand its generative AI computing capabilities. An initial $100 billion is set to be deployed immediately to kick-start the initiative.