OpenAI staffers are set to sell $6 billion in stock to SoftBank and other investors, marking a significant financial move for the company. This sale highlights the growing interest in AI technologies and the financial backing required to support their development and expansion.

SoftBank has approved a second installment of $22.5 billion to finalize its $30 billion investment in OpenAI, contingent upon the AI firm completing a corporate restructuring for a potential public offering. This investment is part of a larger $41 billion financing round announced earlier, with previous funding agreements also in place.

The article provides an in-depth look at the newly established Stargate AI data center, a collaboration between OpenAI and SoftBank. It discusses the center's innovative architecture, advanced technology, and its role in powering AI research and applications. Insights into the operational strategies and future implications of such facilities for the AI industry are also highlighted.

The $500 billion Stargate project, announced by SoftBank and OpenAI at a White House event, is struggling to launch as the companies clash over key partnership terms. Originally aiming for rapid expansion, the initiative has now scaled back plans to construct a single data center by the end of the year, likely in Ohio.