PATRICK TUCKER
Oracle, OpenAI, and investors in Japan and the UAE have launched a $100 billion effort to build data centers to run AI applications, an indication of how the U.S.-China race for artificial intelligence is beginning to turn on sheer computing power instead of clever programming.
Oracle has already begun building 10 data centers in Texas of a half-million square feet apiece for the project, dubbed Stargate, CEO Larry Ellison said Tuesday at a White House press conference.
“That will expand to 20, and other locations,” Ellison said.
The venture is being operated by generative AI company OpenAI, which will be the primary user of the data centers, a person familiar with the deal told Defense One.
“I think this will be the most important project of this era,” OpenAI founder Sam Altman said at the press conference. “For [artificial general intelligence] to get built here, to create hundreds of thousands of jobs, to create a new industry centered here.”
The primary investors are private companies, including Japanese holding company SoftBank and United Arab Emirates-based MGX. Their initial investment will be $100 billion; Stargate aims to draw $500 billion within five years.
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