Stargate, the ambitious joint venture announced at the White House back in January between Openai, Oracle, the Japanese Holding Softbank, and others, appear to be struggling to deliver their bold promises just six months later.
The Wall Street Journal Reported Today, citing unnamed sources that the Stargate project still has to end any offers for new data centers. The report also says the group climbs their close -up goals.
When it was announced the 21st Post on x (Formerly Twitter) that $ 100 billion from this would be deployed “immediately.” The company was named after the 1994 science fiction film about interstellar gate.
The post has promised that the new infrastructure “will secure US leadership in AI, create hundreds of thousands of US jobs and generate mass economic benefit for the whole world.”
Initial supporters of the company include Openai, Oracle, SoftBank, and MGX, with SoftBank and Openai leading the load. SoftBank is said to take the financial responsibility of the company, while Openai handles operations. SoftBank’s general manager, Masayoshi Son, serves as president of the company.
Son, Openai’s Director General, Sam Altman, and Oracle co-founder Larry Ellison Joined President Donald Trump at the White House For the first press conference of his new term to promote the business. In the event, both Altman and Ellison said that Stargate’s work could lead to treatments for diseases such as cancer.
Altman even stated that Stargate would be “the most important project of this era.”
At the time of his announcement, Altman’s longtime rival, Elon Musk, immediately threw doubt about the project. Musk responded directly to Openai’s X Declaration, writing, “They actually don’t have the money“And added,” SoftBank has well below $ 10B. I have that about good authority. ”
The Wall Street Journal reported today that Openai and SoftBank could not agree on key issues about the partnership, including where to build the new places. The group now aims to open a single smaller data center, probably in Ohio, by the end of the year, according to familiar sources with the matter.
Despite the slow start for Stargate, Altman pushes his own wider data centers.
Only today, Openai said It is a partnership to develop 4.5 giguats of additional Stargate-branded data center capacity in the United States, although the deal does not involve SoftBank.
Altman used the name “Stargate” for data center projects, which fall outside the official SoftBank partnership, including facilities in Abilene and Denton, Texas, according to the magazine. These separate sites are said to be not funded by SoftBank, although the Japanese company owns the trademark for Stargate.
In a a Press release Announcing its new partnership with Oracle, Openai said, “With SoftBank, we are fast moving on website assessments and reimaginating as data centers are designed to operate advanced AI.”
