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 generate massive economic benefit for the entire world. This project ...
OpenAI teams up with SoftBank and Oracle on $500B data
Jan 21, 2025 · OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S. ... Texas — a data center that could reach nearly a gigawatt of electricity by ...
SoftBank in talks to invest up to $25bn in OpenAI - Financial Times
1 day ago · SoftBank is in talks to invest as much as $25bn into OpenAI, in a deal that would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a huge new artificial intelligence ...
Stargate LLC - Wikipedia
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 ...
Stargate’s First Data Center to Be Located in Texas, With At Least …
Jan 23, 2025 · In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the $100 billion Stargate venture from OpenAI, SoftBank Group Corp. and Oracle Corp. is taking shape ...
Trump highlights partnership investing $500 billion in 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 ...
New AI venture Stargate Project underway in Texas - Houston …
Jan 22, 2025 · Softbank group CEO Masayoshi Son is heading up new AI venture Stargate. TOSHIFUMI KITAMURA, Contributor / AFP via Getty Images. ... Parks across Texas gain $30.9M plus in grants, $3.4M to Harris ...
Stargate's first data center in Texas to be size of Central Park
6 days ago · Executives from OpenAI, Softbank and Austin-based Oracle will invest $100 billion initially and up to $500 billion in a joint venture called Stargate over the next four years.
SoftBank's Role in $500 Billion Stargate AI Venture Seen as
Jan 22, 2025 · Zinger Key Points. Trump Administration unveils $500B "Stargate" AI venture with OpenAI, SoftBank, Oracle, and MGX, starting with 10 Texas data centers.
OpenAI, SoftBank, Oracle pledge billions for AI data centers in Texas
Jan 21, 2025 · President Trump on Tuesday announced billions in private sector investments to grow artificial intelligence in the U.S. and build massive new data centers for OpenAI.. The big picture: OpenAI, SoftBank, Oracle and the UAE's MGX will convene under a joint venture called Stargate, and will commit $100 billion to start with a potential of up to $500 billion over four years.
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