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

(Reuters) – OpenAI and Japanese conglomerate SoftBank (TYO:9984) 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.

This post appeared first on investing.com

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