Who are the main backers of the Stargate AI Project?
The main backers of the Stargate AI Project are OpenAI and SoftBank. According to the article, these two entities are the primary supporters of the project, with plans to invest significantly in its development. Additionally, Oracle and Abu Dhabi state AI fund MGX are mentioned as founding partners of the initiative.
The project aims to spend $100 billion on Big Tech infrastructure projects, with the potential for this figure to rise to $500 billion over the next four years. Both OpenAI and SoftBank intend to contribute more than $15 billion each to the project, with additional funding expected to come from a combination of equity from existing backers and debt.