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OpenAI, SoftBank each commit $19 billion to Stargate data center venture, the Information reports

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January 23, 2025
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OpenAI, SoftBank each commit $19 billion to Stargate data center venture, the Information reports

(Reuters) – OpenAI and Japanese conglomerate SoftBank (TYO:9984) will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.

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