Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money
Stargate: US President Donald Trump joined the world's leading tech stalwarts to tout a multibillion-dollar artificial intelligence project led partly by OpenAI. However, Microsoft was mentioned only as a technology partner in the joint venture called ‘Stargate’, which was launched by OpenAI, SoftBank Group Corp., and Oracle Corp. This came despite Microsoft investing almost $14 billion in OpenAI and using the startup’s AI models for its next-generation cloud services. In a blog post, the software giant said OpenAI could use rival cloud services to train and run its AI models with Microsoft’s permission, watering down an exclusivity contract. The Stargate joint venture and rejiggered partnership with OpenAI also let Microsoft offload some AI spending onto rival companies.
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