OpenAI announces five new Stargate data center locations in multiple states for AI project

Core Insights - The Stargate project, a $500 billion initiative aimed at enhancing the U.S. position in the AI sector, is progressing with the announcement of five new AI data center sites [1][2][6] - OpenAI, Oracle, and SoftBank are key investors in the project, which includes a total planned capacity of 10 gigawatts [2][6] - OpenAI's CEO, Sam Altman, indicated that the project is ahead of schedule and is crucial for supporting the growing demand for AI tools like ChatGPT [3][6] Investment and Capacity - The Stargate project has secured over $400 billion in investments committed over the next three years, targeting nearly 7 gigawatts of capacity [6] - The project is on track to meet its full $500 billion investment and 10 gigawatts capacity goal by the end of the year [6] Demand and Usage Growth - ChatGPT usage has increased more than tenfold since the beginning of the previous year, indicating a significant rise in demand for AI capabilities [7] - Altman emphasized the need for continuous improvement in speed and efficiency to meet future demand for AI features and products [10][11] Site Selection Factors - Texas has been identified as a prime location for new data centers due to its energy availability, favorable regulatory environment, and access to talent [14] - The companies involved reviewed over 300 proposals from more than 30 states before finalizing the site selections [14]