HomeTechTechnologyORCL, OpenAI & Softbank's Stargate: Boom or Bust?

ORCL, OpenAI & Softbank's Stargate: Boom or Bust?

The Trump administration aims to use $500 billion to build A.I. data centers in the U.S. Oracle (ORCL), OpenAI and Softbank will head the project and plan to front $100 billion as an initial investment. Kevin Green says Stargate offers a lot of benefits if it comes to fruition, but the hard part will be getting the money. He looks ahead to Stargate's long-term impact by weighing inflation risks behind the project.

Next Gen Investing

22 Jan 2025

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