Microsoft, OpenAI Reportedly Plan $100B Supercomputer Project 'Stargate'
Portfolio Pulse from Rounak Jain
Microsoft Corp. (NASDAQ:MSFT) and OpenAI are collaborating on a $100 billion supercomputer project named 'Stargate', expected to launch in 2028. The project aims to build the largest AI supercomputer, requiring extensive land and power resources. This initiative is part of a broader race for AI dominance, with Microsoft also making strategic hires and acquisitions to strengthen its AI capabilities.
March 30, 2024 | 7:30 am
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Microsoft's collaboration with OpenAI on the 'Stargate' supercomputer project represents a significant investment in AI, potentially enhancing its competitive position in the technology sector.
The 'Stargate' project is a massive investment by Microsoft in the future of AI, indicating a strong commitment to leading in this space. The project's scale and ambition could positively influence investor perception and Microsoft's stock in the short term, as it underscores the company's leadership and innovation in AI technology.
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