60-Second Summary

OpenAI, Oracle, and SoftBank announced five new US AI data center sites for their Stargate project, boosting planned capacity to nearly 7 gigawatts and investment to over $400 billion. This expansion aims to support ChatGPT's 700 million users and future AI model training. The three companies plan to reach their 10-gigawatt goal by 2025. New sites include locations in Texas, New Mexico, Ohio, and an undisclosed Midwest location. While creating thousands of jobs, the project's financial structure, involving circular investments between companies, has faced criticism and questions of sustainability.

About this summary

This 60-second summary was prepared by the JQJO editorial team after reviewing 1 original report from Ars Technica.