Stargate: $500 billion AI infrastructure venture announced
OpenAI, SoftBank, Oracle and MGX announced the Stargate Project at the White House, pledging to invest $500B over four years in US AI infrastructure for OpenAI, with $100B deployed immediately.
Key facts
- Announced 21 January 2025 with President Trump
- Target: $500B over four years; $100B initially
- SoftBank holds financial responsibility, OpenAI operational responsibility; Masayoshi Son as chairman
- Technology partners include Arm, Microsoft, NVIDIA and Oracle
- First site in Abilene, Texas; five more US sites announced in September 2025
What happened
A day after the presidential inauguration, OpenAI and partners launched a joint venture to build gigawatt-scale datacenters.
Why it matters
Symbolized the shift to industrial-scale AI compute build-out, measured in gigawatts and hundreds of billions of dollars.
Changelog
- 2026-09-29: created
Related events
- NVIDIA and OpenAI announce 10-gigawatt partnership with up to $100B investment ★★★★
- White House releases 'America's AI Action Plan' ★★★★
- Oracle sends a force-majeure notice on the 2.45 GW New Mexico Stargate campus after gas-pipeline delays ★★★
Sources (3)
- officialAnnouncing The Stargate Project (OpenAI)
- officialAnnouncing The Stargate Project (SoftBank)
- officialOpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites (OpenAI)
id: 2025-01-21-stargate-project · updated 2026-09-29 · open in the interactive timeline