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 ...

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.

3 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 30, 2025 · 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 · 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,...

Jan 22, 2025 · Oracle said in a statement that the Stargate project “will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire ...

Jan 22, 2025 · When President Trump announced the new $500 billion Stargate AI venture from OpenAI, Softbank and Oracle on Tuesday, he promised it would ensure "the future of technology" in the U.S. So far,...

Jan 22, 2025 · At its core, the Stargate AI Project is a partnership between OpenAI, Oracle and SoftBank that aims to build a network of state-of-the-art data centers for shape the future of AI development....

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 · 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 ...