OpenAI, Cisco Systems (NASDAQ:CSCO) , SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF) and G42 are collaborating to build Stargate UAE. In January, OpenAI CEO Sam Altman, SoftBank's CEO Masayoshi Son and Oracle's Co-Founder and Chairman Larry Ellison joined U.

In a landmark move for artificial intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank Group, and Cisco announced their partnership to develop Stargate UAE, a next-generation AI compute cluster to be located at the newly established UAE–US AI Campus in Abu Dhabi.

OpenAI and SoftBank's plans to invest $100 billion in artificial intelligence infrastructure in the U.S. have slowed

OpenAI CEO Sam Altman confirmed he visited Stargate’s first data center site in Abilene, Texas, which is still moving forward and under development by Oracle.

SoftBank Group Corp.’s profit soared 124% after valuations of tech startups like ByteDance Ltd. rose, in a boost for the Japanese company’s aggressive data center investment plans.Most Read from BloombergAs Coastline Erodes,

It’s been three months since SoftBank’s Masayoshi Son and OpenAI co-founder Sam Altman promised during a White House briefing to swiftly deploy $100 billion, and raise that figure to $500 billion

OpenAI CEO Sam Altman advocated for more artificial intelligence "freedom" and less regulation while speaking to U.S. lawmakers in Washington, D.C., on Thursday. "We need to give adult users a lot of freedom to use AI in the way that they want to use it,