Stargate: The $500 Billion Tech Venture Unveiled by Trump with OpenAI, SoftBank, and Oracle

Jan 22, 2025 Komal Das

Trump announced Stargate, a $500 billion AI infrastructure investment led by OpenAI, SoftBank, and Oracle, marking a strong declaration of confidence in America's potential

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Altman, Son, and Ellison attended the Stargate announcement, with the project set to invest $100 billion initially and up to $500 billion over four years

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The Stargate Project is a $500 billion effort to build AI infrastructure in the U.S., enhancing leadership, jobs, and security

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Stargate is funded by SoftBank, OpenAI, Oracle, and MGX, with SoftBank managing finances and OpenAI overseeing operations, starting in Texas

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OpenAI is exploring sites for more campuses, while Oracle, NVIDIA, and OpenAI will collaborate on the Stargate computing system

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