OpenAI's $500 Billion Stargate Project: A Tumultuous Journey of Setbacks and Realignments
openai's ambitious "stargate" ai infrastructure project has faced significant setbacks and financial re-evaluations. initial plans for a $500 billion venture involving oracle and softbank crumbled due to disagreements and a failed attempt for openai to build its own data centers. now, openai has secured deals totaling $600 billion with oracle, amazon, google, and coreweave, while oracle faces mounting debt and stock decline. the project's scope and funding have been drastically reduced, raising concerns about the stability of the complex financial web.