2 months ago

DeepSeek vs Stargate Project: How AI spending is evolving, in charts

Last month, US President Donald Trump announced the Stargate Project—a venture between OpenAI, SoftBank, Oracle and MGX that plans to invest up to $500 billion over four years to build new artificial intelligence infrastructure in the US. As per the Stanford AI Index Report 2024, OpenAI spent an estimated $78 million worth of compute resources to train GPT-4, while Google spent $191 million for Gemini Ultra. Investment Boom AI has been attracting huge strategic attention and corporate and venture investments ever since OpenAI launched ChatGPT in November 2022. Microsoft, which has been betting big on AI, including a partnership with OpenAI, said it is investing $80 billion this year on developing AI-enabled data centres.

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