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Analysis-OpenAI, under pressure to meet demand, widens scope of Stargate and eyes debt to finance chips
Yahoo Financeยท2025-09-24 10:02

Group 1 - OpenAI's "Stargate" infrastructure project is now envisioned as a $500 billion investment in AI infrastructure, expanding beyond initial plans to include various AI chip and data center initiatives [1][2] - The project aims to address the significant demand for AI tools and is seen as essential for the AI revolution, with OpenAI's CEO emphasizing the need for robust data center capabilities [3][4] - OpenAI is exploring creative financing options to secure chips for the data centers, with a goal of building a gigawatt of new AI infrastructure weekly [3][4] Group 2 - The initial vision for Stargate faced delays due to negotiations and location decisions, but the expanded vision encompasses a broader range of projects [4] - OpenAI's executives, including CEO Sam Altman, acknowledge investor concerns about a potential bubble from rapid infrastructure development while maintaining an optimistic outlook on long-term growth [6]