Announcing The Stargate Project

Details

The Stargate Project represents the largest single AI infrastructure commitment announced to date. The joint venture between OpenAI, SoftBank, Oracle, and MGX (UAE sovereign investment) pledges $500 billion over four years to build AI data centers and compute infrastructure in the United States, beginning with an immediate $100 billion deployment. Initial construction is focused in Texas, with plans to expand nationally. The project is positioned partly as a US competitiveness initiative, creating domestic AI capacity and jobs.\n\nSoftBank contributes financial capital, Oracle provides cloud and data center infrastructure, and MGX brings sovereign wealth investment. OpenAI will use the infrastructure to train and deploy its frontier models. The announcement signals a new scale of AI capital formation and sustained demand for GPU hardware and power infrastructure.\n\nThe scale of this commitment — $500B over four years — dwarfs prior AI infrastructure investments and reshapes competitive dynamics for hyperscalers, GPU suppliers, and energy companies. Source content was not retrieved; summary based on widely reported public details.