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.

Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American multinational 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 United ...

2 days ago · Trump touted Stargate, a newly formed joint venture between OpenAI, Oracle and Softbank, shortly after returning to the White House last month. The partnership said it is investing $100 billion — and eventually up to $500 billion — to build large-scale data centers and the energy generation needed to further AI development.

Jan 22, 2025 · CLIMATEWIRE | President Donald Trump announced an initiative Tuesday for several technology giants to invest at least $500 billion in artificial intelligence and data centers at U.S....

Jan 22, 2025 · The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be …

Jan 22, 2025 · The goal behind Stargate is to create the infrastructure required to build even more powerful AI systems – systems that could perform most economically valuable tasks better and faster than ...

Jan 22, 2025 · Donald Trump has announced a new $500 billion “Stargate” AI infrastructure project. During his first full day in office, the president made the announcement alongside OpenAI CEO Sam Altman,...

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 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 21, 2025 · Stargate could eventually invest as much as $500 billion over four years. The three companies plan to contribute funds to the venture, which will be open to other investors and start with 10 data ...