Amazon and Alphabet Could Be Quiet Winners of the U.K.'s Stargate Artificial Intelligence (AI) Deal

The arrival of ChatGPT in 2022 instantly made OpenAI one of the key players in the artificial intelligence (AI) space. On Sept. 16, the company announced an AI infrastructure project called Stargate UK, whereby it is partnering with other businesses and the British government to boost AI tech in the United Kingdom.This followed the government's call "to make sure that Britain maintains its position as a world leader in AI." To do so, the country plans to increase its computing capacity by a minimum of 20x by 2030, with Stargate serving as a step toward that goal.Great Britain's flurry of AI activity this year led Nvidia CEO Jensen Huang to declare, "The U.K. will be an AI superpower." While OpenAI's Stargate project helps the British government meet its AI objectives, it also creates opportunities for Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Here's what investors should know about Stargate UK's implications for this pair of tech giants.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool