The Stargate Project - Wikipedia
2 days ago · The Stargate Project is an American artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle and investment firm MGX. [1] The venture plans on investing up to $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 US president Donald ...
Oracle Stock Rises 7% As Trump Unveils $500 Billion ‘Stargate ...
2 days ago · The AI infrastructure deal, dubbed “Stargate,” involves Oracle, OpenAI (the Microsoft-backed parent of the generative AI ChatGPT program), top AI tech designer Nvidia and Tokyo-headquartered ...
Announcing The Stargate Project - OpenAI
2 days ago · The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman. Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners.
Trump highlights partnership investing $500 billion in AI
2 days ago · 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 ...
What is Project Stargate? Why this $500-billion AI ... - ZDNET
3 hours ago · Oracle is one of the technology partners for the joint initiative -- dubbed Stargate -- along with Microsoft, ARM Holdings, and Nvidia. Also: Anthropic warns of AI catastrophe if governments don't ...
What is the Stargate Project that Donald Trump announced ...
2 days ago · Stargate brings together some of the biggest global players in tech, including Oracle, which operates over 150 data centers around the world; Japan-based SoftBank, which manages the world’s largest technology-focused venture investment fund; and artificial intelligence software developer OpenAI, a leader in AI tools and the company behind ...
OpenAI teams up with SoftBank and Oracle on $500B data center ...
2 days ago · “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 ...
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