Stargate AI project to exclusively serve OpenAI, FT reports

As OpenAI launches $500B “Stargate” project, critics express skepticism
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
Stargate artificial intelligence project to exclusively serve OpenAI, FT reports
Stargate, the joint venture by OpenAI, SoftBank and Oracle to develop data centers for artificial intelligence in the U.S., will exclusively serve ChatGPT maker OpenAI, the Financial Times reported on Thursday.
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OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the U.S.
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OpenAI, SoftBank Group, Abu Dhabi, and Oracle are among the players in a joint venture meant to pour hundreds of billions more into AI data center funding.
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, OpenAI's massive data center project.
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OpenAI unveils $500 billion Stargate project to emancipate its overreliance on Microsoft's infrastructure — as Elon Musk questions investor liquidity
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Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.