Jan 21, 2025 · We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate …

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, …

Jan 22, 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 …

6 days ago · Altman secured a mind-boggling $500 billion commitment to build OpenAI’s data center empire, called Stargate, thanks to backing from SoftBank, Oracle, and the Abu Dhabi fund MGX. The White House ...

Jan 22, 2025 · The project, a joint venture between Oracle, Open AI and Softbank, includes the promise of nearly $500 billion to be invested into artificial intelligence infrastructure over the next four...

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 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 · “The Stargate Project is a new company which intends to [build] new AI infrastructure for OpenAI in the United States,” OpenAI, Oracle, and SoftBank said in a joint statement. “This project ...

Jan 21, 2025 · Trump Announces $100 Billion A.I. Initiative. OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.