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OpenAI, SoftBank each commit $19 bln to Stargate AI data center

Posted: Jan 23, 2025

  • OpenAI and SoftBank each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the US
  • The ChatGPT maker will hold a 40% interest in Stargate, implying SoftBank will also have a 40% interest
  • Stargate, led by SoftBank and OpenAI, will initially deploy $100 billion with the rest of the funding expected over the next four years
  • President Donald Trump announced a $500 billion investment over four years by OpenAI, SoftBank Group, and Oracle to help the US stay ahead in the global AI race.


What do people on Reddit think?

🚨 Reddit sentiment: mixed/negative - While there is humor and sarcasm in the comments, there are underlying negative sentiments concerning investment utility, potential future risks, and taxpayer implications. Summarized comments: - Users are joking about the massive investment amounts, comparing it humorously to an exaggerated sum - Discussion of the coincidence of funding AI infrastructure and unrelated events like ICE raids - Concerns about AI leading to dystopian futures, with users humorously suggesting ways to profit - Comments highlight the perception that 'billion' is becoming a less significant amount in tech investments - Skepticism about the tangible outcomes of such large investments in AI, exemplified by a remark on producing low-quality content - Doubts about the financial implications for taxpayers - Speculation on the speed and feasibility of constructing data centers with such investment - Irreverent gratitude towards American citizens for their perceived indirect contribution



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