Economy

Microsoft, OpenAI plan $100 billion data-centre project

Date: Mar 30, 2024

Microsoft and OpenAI are working on plans for a data centre project that could cost as much as $100 billion and include an artificial intelligence supercomputer called "Stargate" set to launch in 2028, The Information reported on Friday.

OpenAI did not immediately respond to Reuters' requests for comment.

Rapid adoption of generative artificial intelligence technology has led to sky-rocketing demand for AI data centres capable of handling more advanced tasks than traditional data centres.

The Information reported that Microsoft would likely finance the project, which is expected to be 100 times more costly than some of the biggest existing data centers, citing people involved in private conversations about the proposal.

The proposed US-based supercomputer would be the biggest in a series the companies are looking to build over the next six years, the report added.

The Information attributed the tentative cost of $100 billion to a person who spoke to Altman about it and a person who has viewed some of Microsoft's initial cost estimates. It did not identify those sources.

--Reuters--

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