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.

1 day ago · OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump.

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 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 23, 2025 · President Donald Trump wasted little time in announcing the Stargate Initiative, a $500 billion private sector deal to expand U.S. artificial intelligence infrastructure. Spearheaded by tech...

Jan 22, 2025 · 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 the White House. The initial investment is expected to be …

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,...

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 · 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 · 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.