Jan 21, 2025 · The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. ... SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having ...

Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. [2] The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029. It has been planned since 2022 and was formally announced on January 21, 2025, by …

Jan 21, 2025 · WASHINGTON (AP) — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast …

2 days ago · Stargate, a data center project led by OpenAI’s Sam Altman with support from Donald Trump, SoftBank, and others, has huge ambitions and a shaky foundation. A great narrative built on shaky ground.

2 days ago · Kelly: Returning to Stargate, this huge new $500 billion joint venture that has just been announced. OpenAI is a key player in Stargate. OpenAI is a key player in Stargate. What is Stargate and ...

Jan 21, 2025 · OpenAI and SoftBank are starting a $500 billion AI data center company ‘The Stargate Project’ is starting its buildout in Texas, with participation from Oracle, MGX, Microsoft, Nvidia, and Arm.

Jan 22, 2025 · Of that figure, OpenAI said in a statement that Stargate would “begin deploying” only a fifth, $100 billion, immediately. The rest will be deployed over the next four years.

Apr 2, 2024 · Microsoft and OpenAI are working on a new AI supercomputer data center headquartered in the U.S. that could cost over $100 billion, The Information reports.

Jan 24, 2025 · The venture planned to spend $100bn on Big Tech infrastructure projects, with the figure rising to as much as $500bn over the next four years, OpenAI and SoftBank, Stargate’s two main backers ...

Jan 21, 2025 · Trump Announces $100 Billion A.I. Initiative. OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.