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

ReutersJan 23, 2025 1:25 AM

Jan 22 (Reuters) - OpenAI and Japanese conglomerate SoftBank 9984.T 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.

(Reporting by Disha Mishra in Bengaluru; Editing by Alan Barona)

((Disha.Mishra@thomsonreuters.com))

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