Project Stargate is good news for several major tech companies. The timing is particularly good for Oracle. The ambitious AI infrastructure venture unveiled at the White House named Oracle, with Op.

By 2030, OpenAI expects to get three-quarters of its data center capacity from Stargate, a project that’s expected to be heavily financed by SoftBank, one of OpenAI’s newest financial backers.

In Abilene, Texas, some 1,500 people are building the first data center for the Stargate artificial-intelligence venture led by OpenAI. Once it is completed, a lot fewer people will work there.

Emily Chang speaks with developer Chase Lochmiller, chief executive officer of Crusoe, at the OpenAI Stargate project construction site in Abilene, Texas. Photographer: Bobby Scheidemann for ...

Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Arab Emirates.

Crusoe has raised a $750 million credit line from Brookfield Asset Management. The company is a key player in the $500 billion Stargate project, which includes a large data center campus in Texas.