What is Stargate? Trump’s $800b AI investment explained
The announcement is set to reshape the tech sector and create hundreds of thousands of jobs. Where does Australia fit in, and what does Elon Musk have to say?
What to Know About ‘Stargate,’ OpenAI’s New Venture Announced by President Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
Trump announces $500B “Stargate” AI infrastructure project with AGI aims
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
What Is the Trump-Backed Stargate AI Project and Why Is It Controversial?
Trump this week announced a venture between OpenAI, the maker of ChatGPT, Oracle and SoftBank that will invest up to $500 billion aimed at ramping up artificial intelligence infrastructure like data centers and power generation to meet the vast demands of AI processing.
Musk Casts Doubt on Trump’s $100 Billion A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.
Trump announces $500 billion private investment in AI infrastructure
President Donald Trump announced Tuesday a joint venture called Stargate, which will pump billions of dollars of private funding into artificial intelligence infrastructure in the United States.
Stargate’s First Data Center Site is Size of Central Park, With At Least 57 Jobs
About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen by Bloomberg News. Or ...
Trump’s AI Push: Understanding The $500 Billion Stargate Initiative
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
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Here’s What’s in ‘Stargate,’ the $500-Billion Trump-Endorsed Plan to Power U.S. AI
Tech giants are backing a massive effort, announced by President Trump and dubbed the Stargate Project, to add data centers ...
Trump-Back Stargate AI Project Spawns Altman-Musk Clash
The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.
Oracle: Time To Bet Big On $500 Billion Stargate Stardom
Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.
Microsoft set to benefit from Stargate joint venture with zero investment
Despite investing almost $14 billion in OpenAI and using the startup's AI models for its next-generation cloud services, ...
SoftBank's Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says
The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE:ORCL), and Abu ...
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OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands ...