Stargate is moving forward despite early skepticism
When OpenAi Stargate announced in January, critics wondered if the company could live up to his ambitious financing promise of $ 500 billion. Trump Ally and Frequent Altman -Eland Musk wrote on X that “they don't really have the money”, claiming that “Softbank has protected more than $ 10 billion.”
Tech writer and frequent openi -critic Ed Zitron released their concern about the financial position of OpenAi and noted that the company noticed $ 5 billion in losses in 2024. “This company loses $ 5 billion+ a year! So what, they raise $ 19 billion for Stargate, then what, what, still, what, a $ 10 billion to survive?” Zitron wrote on Bluesky at the time.
Six months later, the Abilene Data Center of OpenAI was transferred from construction to partial effect. Oracle started to deliver NVIDIA GB200 racks to the facility last month, and OpenAi reports that it has started performing early training and inference workload to support what the “next-generation frontier research” calls.
Despite the announcement of the White House with President Trump in January, the Stargate concept dates back to March 2024, when Microsoft and OpenAI jointly plan a supercomputer of $ 100 billion as part of a five-phase plan. Over time, the plan evolved in its current form as a partnership with Oracle, Softbank and CoreWeave.
“Stargate is an ambitious company that is designed to meet the historical opportunity for us,” Openai writes in the press release in which the latest deal is announced. “That chance now comes to life due to strong support from partners, governments and investors worldwide – including important leadership of the White House, which has recognized the crucial role AI infrastructure in stimulating innovation, economic growth and national competitiveness.”
