In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate venture from OpenAI, SoftBank Group Corp. and Oracle Corp. is taking shape. About 875 acres in Abilene,

In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the US$100 billion Stargate venture from OpenAI, SoftBank Group and Oracle is taking shape.

Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, Oracle, OpenAI, and Abu Dhabi's MGX involved.

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a

We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.

SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.

Stargate, a high-profile artificial intelligence infrastructure project trumpeted by US President Donald Trump this week, will exclusively serve ChatGPT maker OpenAI, according to people familiar with the matter.

A California-like approach could throttle an industry that's already poised to bring hundreds of billions to the state.

Former White House official Theresa Payton told Fox News Digital that President Trump's AI pledge could be a new "beacon" of U.S. technological progress.

Such announcements aren’t without political risks, as OpenAI learned when Trump adviser Elon Musk criticized the deal on the social network he owns.