OpenAI and
SoftBank, alongside other investors like
Oracle and
MGX, are launching a massive AI infrastructure project called
Stargate in the US. This
$100 billion initiative, potentially reaching
$500 billion over four years, aims to build data centres and other infrastructure to support advancements in AI, creating
100,000 jobs. The project is backed by President Trump, who views it as a significant investment in American technology.
SoftBank will have ultimate financial control, while
OpenAI will manage operations. The announcement follows similar large-scale investments pledged by SoftBank and coincides with changes in OpenAI's cloud computing partnership with Microsoft.
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