Announcing The Stargate Project
— OpenAI (@OpenAI) January 21, 2025
The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure…
500 BILLION DOLLARS FOR AI INFRASTRUCTURE - OpenAI Announces SG-MAGA
https://x.com/OpenAI/status/1881830103858172059
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NVDA is up ~2%. seems this was mostly priced in already.
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Yes considering it was announced last year and they're trying to make it seem like it's happening under trump to curry favor
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