Stargate Project AI News & Updates
OpenAI Secures Massive Memory Chip Supply Deal with Samsung and SK Hynix for Stargate AI Infrastructure
OpenAI has signed agreements with Samsung Electronics and SK Hynix to produce high-bandwidth memory DRAM chips for its Stargate AI infrastructure project, scaling to 900,000 chips monthly—more than double current industr...
OpenAI Expands Stargate Project with Five New AI Data Centers Across US
OpenAI announced plans to build five new AI data centers across the United States through partnerships with Oracle and SoftBank as part of its Stargate project. The expansion will bring total planned capacity to seven gi...
OpenAI Secures Historic $40 Billion Funding Round at $300 Billion Valuation
OpenAI has closed one of the largest private funding rounds in history, raising $40 billion at a $300 billion post-money valuation, led by SoftBank with participation from Microsoft and other previous investors. Accordin...
Microsoft Reduces Data Center Footprint Amid Industry Expansion
Microsoft has canceled leases totaling approximately two data centers' worth of capacity with multiple providers. This contraction stands in contrast to significant industry expansion, including the $500 billion Stargate...