OpenAI’s $100 Billion Stargate Data Center in Texas Will Reportedly Only Employ 57 People
Despite its massive scale, Stargate intends to employ “at least” 57 full-time employees earning an average wage of just $57,600 annually, according to documents seen by Bloomberg regarding the ambitious data center project.
OpenAI Wrestles With Microsoft Stake Valuation As It Looks To Transition To For-Profit Entity Amid Trump's $500 Billion Stargate AI Project: Report
Sam Altman-led OpenAI is reportedly engaged in intricate discussions to transform into a for-profit entity, but its board is grappling with valuing Microsoft's stake while negotiating the worth of its new charitable division at $30 billion.
OpenAI is putting its focus on AI infrastructure with Stargate at a time when rivals like China's DeepSeek are closing the ...
Such announcements aren’t without political risks, as OpenAI learned when Trump adviser Elon Musk criticized the deal on the ...
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the ...
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion ...
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
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