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 generate massive ...

Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American 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, 2025, by United States president ...

1 day ago · 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 ...

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 ...

Apr 2, 2024 · Microsoft and OpenAI are in talks to build a new AI supercomputer data center in the U.S. that could cost over $100 billion.

Jan 21, 2025 · OpenAI, and our strategic partners, are thrilled about our shared vision for the Infrastructure of AGI. We are energized by the challenges we face and are excited by the prospect of partnering with firms across the industrial base to deliver against our ambitious mission. Specifically, we want to connect with firms across the built data center infrastructure landscape, from power and land to ...

Jan 21, 2025 · The Stargate Project is a new company funded by SoftBank, OpenAI, Oracle, and MGX to build AI infrastructure for OpenAI in the US. Nvidia, Microsoft, and Arm are among the technology partners...

Jan 22, 2025 · Of that figure, OpenAI said in a statement that Stargate would “begin deploying” only a fifth, $100 billion, immediately. The rest will be deployed over the next four years.

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.

Jan 21, 2025 · OpenAI has announced 'The Stargate Project,' a new company set to invest $500 billion into AI infrastructure over the next four years. The data centers will be exclusively used by OpenAI as it expands its generative AI compute portfolio. Of the total investment, $100bn will be deployed 'immediately.'