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 ...
Announcing The Stargate Project - OpenAI
Jan 21, 2025 · The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman. Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners.
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 ...
Stargate AI infrastructure project taps Texas for data centers
4 days ago · Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas. Affirmative action ⚖️ How to talk money 🤑 Shoe ...
Stargate's first data center in Texas to be size of Central Park
5 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.
Trump Announces Stargate: Texas-Based Investment Links AI …
Jan 21, 2025 · Three major business leaders—SoftBank Group CEO Masayoshi Son, ... Ellison shared at the press conference that 10 data centers are already being built in Texas. Last October, the financial ...
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 ...
OpenAI and Softbank are starting a $500 billion AI data center …
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.
Stargate’s First Data Center to Be Located in Texas, With At Least …
6 days ago · 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 ...
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 ...