Stargate's first data center campus in Texas, a joint venture by Oracle, OpenAI, and SoftBank, could cost an estimated $1.1 billion.
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment would ... a million square feet are already under construction in Texas, and Ellison said the number would expand to 20.
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving artificial intelligence scene.
The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.
OpenAI CEO Sam Altman, Oracle founder Larry Ellison and SoftBank CEO Masayoshi Son comment on President Trump’s Stargate AI investment project in an interview with FOX News anchor Bret Baier on ‘Special Report.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a
President Donald Trump announced Stargate, a company led by three business giants: OpenAI CEO Sam Altman, SoftBank Group CEO Masayoshi Son, and Oracle Corp. Chairman Larry Ellison. Stargate would invest up to $500 billion over the next four years in AI infrastructure.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.