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. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive ...

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 …

3 days ago · Although many details of the venture are unclear at this early stage, Stargate intends to build up to 20 large AI datacenters in the U.S., with an initial investment of $100 billion and plans for ...

Jan 22, 2025 · Backed by a $500 billion investment over four years, Stargate plans to build AI infrastructure across the U.S., creating thousands of new jobs and doubling down on American advantages in AI...

Jan 22, 2025 · AI is a significant driver of the energy policy of Trump, who announced before his inauguration during a press conference that real estate developer Hussain Sajwani would invest $20 billion to ...

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 · 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 …

Jan 22, 2025 · US President Donald Trump has announced an "at least" $US500 billion ($799 billion) artificial intelligence project — Stargate. The venture, to be led by Japanese giant Softbank, cloud giant Oracle and ChatGPT-creator OpenAI, will create an …

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 ...