Announcing The Stargate Project - OpenAI
Jan 21, 2025 · 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. The buildout is currently underway, starting in Texas, and we are evaluating ...
The Stargate Project - Wikipedia
Jan 21, 2025 · 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 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 States president Donald Trump. [2]
Announcing The Stargate Project | SoftBank Group Corp.
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 …
President Trump highlights investing $500 billion in 'Stargate' AI ...
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-evolving AI in Texas, according to ...
How Stargate Partners Oracle, Open AI, Nvidia And Softbank …
6 days ago · The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement. ... Open AI and Softbank, includes the promise of nearly $500 ...
Musk undercuts Trump on Stargate AI investment announcement
6 days ago · Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.
OpenAI, SoftBank each commit $19 bln to Stargate AI data …
6 days ago · OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported ...
The Stargate Project is a $500 million AI data center plan for OpenAI …
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.
OpenAI teams up with SoftBank and Oracle on $500B data
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 ...
Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI ...
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.