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Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
President Donald Trump and the leaders of OpenAI, SoftBank and Oracle yesterday announced an enormous new AI initiative called Stargate, involving a planned $500 billion build-out of AI data ...
Donald Trump has announced a $500 billion "Stargate Project." Backed by major tech companies, it aims to boost AI infrastructure in the U.S. Donald Trump has announced a new $500 billion "Stargate ...
President Donald Trump announced Stargate, a new joint venture between OpenAI, Oracle, and SoftBank. OpenAI CEO Sam Altman says Stargate will allow AGI to be built in the US, creating more jobs.
The new entity, Stargate, is already starting to build out data centers and the electricity generation needed for the further development of fast-evolving AI technology. Trump declared it “a resounding declaration of confidence in America’s potential” under his new administration, with an initial private investment of $100 billion that ...
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.
SAN FRANCISCO (Reuters) -ChatGPT maker OpenAI said on Thursday that it is evaluating U.S. states as potential artificial intelligence data center locations for its massive Stargate venture ...
The initial plans for Stargate go back to the Biden administration. Tech news outlet The Information first reported on the project in March 2024. OpenAI has long relied on Microsoft data centers to build its AI systems, but it has increasingly signaled an interest in building its own data centers.