What Is Stargate? OpenAI, Oracle, and Softbank Team Up for $500B AI Infrastructure Initiative.

President Trump and the CEOs of OpenAI, Softbank, and Oracle announced a new $500 billion AI initiative called “Stargate,” CBS first reported.

“Stargate will be building the physical and virtual infrastructure to power the next generation of advancements in AI,” Trump said at the announcement. “And this will include the construction of colossal data centers.”

The plan includes a $100 billion commitment beginning with a Stargate data center in Texas, then adding up to $500 billion over the next four years while expanding data centers to other states.

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