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Stock impact report

OpenAI StarGate People Move To Meta Amid Data Center Boom [Yahoo! Finance]

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Son of SoftBank as President Trump announced the origin of Project StarGate, a sci-fi sounding pronouncement of a four-year, $500 billion initiative in promoting AI advancement. At the time, the debate on powering ever more capable large language models was, by today's standards, just heating up, and much of what we've seen over the ensuing year and a half was unknown. Since then, it's become clear that StarGate is mostly about infrastructure. There was an initial large investment in data centers, including the facility in Abilene, Texas, but beyond that, many had the sense that OpenAI and other stakeholders weren't really dedicated to explaining how StarGate would work, and there was plenty of radio silence around the effort. Fast forward to this week, where Bloomberg broke the news that three former OpenAI design gurus are leaving to work at Meta. Apparently, the three are likely to be involved in the Meta Superintelligence Labs, the group which created Muse Spark, a frontier Show less Read more
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