Report claims Trump’s AI project “Stargate” for $ 500 billion is intended to benefit one company: Openai

Stargate project, declared from the White House Earlier this week, it was declared a monumental project for II infrastructure, which will completely transform America’s technological capacity. Oracle, Openai and SoftBank CEOs were traveling to Colombia County this week to announce the estimated efforts of $ 500 billion and meet Trump. Stargate will “re -industrialize” the United States and create a “strategic ability to protect the national security of America and its allies,” its supporters say. However, according to a recent report From the Financial Times, Stargate is a little more than an Openai development deal, with sources claiming to serve “exclusively” to the interests of Chatgpt creator. At the same time, sources say the project still does not have the money it needs to make its promises a reality.

Stargate is a technical new company created in part by funding by Openai, Softbank, Oracle, Microsoft, Nvidia, Microsoft and ARM, by the way. The purpose of the company is to build data centers and other “II infrastructure” In the United States, and thus build “infrastructure (which) will provide US leadership in AI, will create hundreds of thousands of American jobs and generate enormous economic benefits throughout the world,” the Openai website said. However, while circulating rhetoric claims that Stargate will “benefit the world”, anonymous sources familiar with the deal have told FT that Stargate would be beneficial for Openai’s business.

“The intention is not to become a supplier of the world data center, but for Openai,” said one of the anonymous sources interviewed by FT. These same sources claim that the project supporters, although they made a big show in the White House earlier this week, have not yet specified the details. The project “has not yet provided the necessary funding, will not receive state funding and will serve Openai only after it is completed”, according to statements made by sources interviewed by FT. “They did not invent the structure, did not invent funding, have no money engaged,” a source told the publication. “There is a real intention to do this, but the details have not been clarified,” another person added. “People want to do brilliant things in the first week of Trump’s reign.”

Although it is not clear who are those sources who have spoken to FT, it is remarkable that Ilon Musk – who is both a new White House employee and a well -known enemy of Openai CEO Sam Altman – says exactly the same. In a recent tweet, Musk claimed that Stargate “actually has no money” and has been ridiculed many times.

Other reports this week He found that despite the fact that the White House claims that the project would “create hundreds of thousands of American jobs and generate enormous economic benefits around the world”, Stargate has so far been committed to hiring only 57 people. This is not a great appearance for a project whose ultimate end goal is to create technologies that can automate labor and replace US workers, although I guess it’s normal.

Gizmodo turned to Openai for comment, but did not receive an answer until the time of publication.

The significant connections of the project with the autocratic regime in the Middle East also raised their eyebrows. Indeed, one of the larger known sources of revenue will come from the United Arab Emirates. The State Fund for Artificial Intelligence in Abu Dhabi –known as MGX-is a Stargate founder and, according to information, plans to spend $ 7 billion for Trump’s initiative. In contrast, Softbank and Openai plan to contribute over $ 15 billion. MGX is part of a sovereign fund controlled by Sheikh Tanun bin Zayed Al Nahayan, the head of UAE intelligence. Nahayan spent the last months in meetings with top American technology leaders – including Ilon Musk, CEO of NVIDIA Jenson Huang and Ruth Porat, President of the Mother of Google Alphabet – to discuss the development of AI, Bloomberg reportsS

When Altman was shockingly expelled by Openai in November 2023, a theory why the CEO was expelled was linked to his trips to the Middle East to Collect billions for a chip company focused on AIS Altman’s discussions with the autocratic regime were contradictory then and still. The reason that Altman was removed was never publicly announced.