project stargate, the White House announced Earlier this week, it was announced as an infamous “infrastructure” project that would completely change America’s technology. The CEOs of Oracle, Openii, and SoftBank are traveling to DC this week to announce the envisioned $500 billion effort and meet with Trump. Stargate will “re-industrialize” the US and create a “strategic strategic capability that will protect the National Security of America and its allies,” claim its creators. However, according to a New report From the Financial Times, Stargate is little more than a development deal for Openi, with sources claiming that it will “exclusively” serve the interests of the chatgpt Creator. At the same time, sources say that the project does not yet have the money needed to make it a reality.

Stargate is technically a new company, formed partially through funding from OpenAI, SoftBank, Oracle, Microsoft, NVIDIA, Microsoft, and Arm, among others. The purpose of the company is to build Data Centers and Other “AI Infrastructure” Across the US and, thus, the creation of “infrastructure (that) will ensure American leadership in Ai, creating hundreds of American jobs,” a press release from the global economy, “a press However, while the circulating rhetoric claims “to benefit the whole world,” unnamed sources in the deal reportedly told Stargate that OpuiA’s business.

“The goal is not to be a Data Center provider for the world, it is for Openi,” said one of the anonymous sources interviewed by the FT. The same sources claim that the project’s supporters, while making a big show at the White House earlier this week, have not yet worked out the details. The project “has not yet secured the necessary funding, will not receive government financing and will only serve Openii which has already been completed,” according to statements made by sources interviewed by the FT. “They don’t know the structure, they don’t know the financing, they don’t get the money,” a source told the outlet. “There is a real intention to do this, but the details are not clear,” added another person. “People want to do splashy things in Trump’s first week in office.”

While it is not clear who these sources who spoke to the FT are, it is unfortunate that Elon Musk – who is a new White House employee who is the CEO of Opuin – said exactly the same thing. In a recent Tweet, Musk admits that Stargate didn’t “actually have the money” and the project was often derided.

More Reporting this week It is known that, despite the claim of the White House that the project “will create hundreds of thousands of jobs in America, and has done a lot of good to the economy,” today, with 57 people. That’s not a good search for a project whose ultimate goal is to create technologies that can automate work and replace American workers, even though I’m the PAR for course.

Gizmodo reached out to Openi for comment but did not hear back by the time of publication.

The project’s significant ties to an autocratic regime in the Middle East also raised eyebrows. In fact, one of the most widely recognized sources of income from the United Arab Emirates. The Abu Dhabi State Ai Fund-known as MGX-A merger with Stargate and reportedly plans to commit $7 billion to Trump’s initiative. In contrast, the softbank and Planoi Opuii Plano will each contribute more than $ 15 billion. MGX is part of a sovereign wealth fund of Sheikh Tahnoun bin Zayed Al Nahied Al Nahuman, the UAE’s intelligence chief. Nahyan has spent recent months meeting with top American tech executives – including Elon Musk, NVIDIA CEO Huang, and Ruth Porat, the president of Google Ginent Company – to discuss the development of Google Parent. , to discuss AI Development, Bloomberg Reports.

If it was Altman shockingly not From Openi in November 2023, a theory as to why the CEO was ejected had to do with his trip to the Middle East Join the billions for an AI-Focus chip company. Altman’s discussions with autocratic regimes were controversial then and still are. The reason why Altman was fired has not been made public.