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 ...

20 hours 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 ...

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 …

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...

Jan 22, 2025 · The OpenAI press release further explains that the project is crucial to maintaining “American leadership in AI” and will create hundreds of thousands of American jobs; with an initial ...

Jan 22, 2025 · OpenAI said in a statement the Stargate Project would "secure American leadership in AI". "This infrastructure will … create hundreds of thousands of American jobs, and generate massive economic ...

Jan 22, 2025 · As OpenAI launches $500B “Stargate” project, critics express skepticism Elon Musk questions funding for massive AI infrastructure project; Altman defends financial backing.

6 days ago · However, SoftBank and OpenAI each will only commit roughly $15 billion to the project to start, per the report. They and Stargate’s other backers hope to raise a combination of equity from ...

Apr 2, 2024 · Called Stargate, since such a futuristic-sounding project deserves an equally sci-fi-inspired name, it's planned to power OpenAI 's next generation of AI systems like ChatGPT and could launch...

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.