The Stargate Project: A $500B AI-Driven Data Center in Texas
4 days ago · The lead partners for this project are SoftBank and OpenAI, with Softbank taking over financial responsibility while OpenAI has operational responsibility. ... Larry Ellison revealed that the first site location will be in Abilene, TX. Ellison stated that “the data centers are already under construction here in Texas. Each building is half a ...
SoftBank Explores Debt-Heavy Financing for $500 Billion AI Push
9 hours ago · (Bloomberg) -- A few weeks ago, SoftBank Group Corp. founder Masayoshi Son stood alongside US President Donald Trump to unveil the Stargate Project, an artificial intelligence venture with OpenAI ...
OpenAI Chooses Abilene for Stargate Data Center
4 days ago · OpenAI is expanding its push to construct data centers as a $500 billion “Stargate” initiative with the U.S. government takes shape. Work in Abilene is already underway as part of its joint venture with Oracle and SoftBank, OpenAI said in a call on Thursday.
Stargate representatives to visit potential Texas sites next week
3 days ago · Abilene will likely not be the only site in Texas to see a Stargate data center campus — a representative for the joint venture will visit sites across the Lone Star State throughout next week ...
Abilene chosen as first site for Trump's historic $500 billion AI ...
Jan 22, 2025 · At President Trump’s first press conference of his second term, he announced Project Stargate, a joint venture of three companies, Softbank, Open AI and Oracle.
OpenAI teams up with SoftBank and Oracle on $500B data
Jan 21, 2025 · OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, among others, to build multiple data centers for AI in the U.S. The joint venture, called the Stargate...
Stargate LLC - Wikipedia
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. It has been planned since 2022 and was formally announced on January 21, 2025, by United ...
OpenAI, Oracle, Softbank Vow to Invest $500B for More US Data …
Jan 24, 2025 · Tech giants pledged Initial $100B investment for data centers in Texas, with the first in Abilene, through their Stargate partnership announced by President Donald Trump.
The Stargate Project is a $500 million AI data center plan for …
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.
New AI venture Stargate Project underway in Texas - Houston …
Jan 22, 2025 · Softbank group CEO Masayoshi Son is heading up new AI venture Stargate. President Donald Trump is supporting the newly formed Stargate to advance AI as construction on the company's first data...