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Tech Companies to Invest $500B in AI Infrastructure Through Stargate JV

Technology leaders from OpenAISoftBank and Oracle have announced plans to invest up to $500 billion over the next four years in a new joint venture called Stargate to help build an artificial intelligence infrastructure in the U.S., The Wall Street Journal reported Monday.

To mark the start of the second Trump administration, OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Larry Ellison, chairman and chief technology officer of Oracle, announced at a White House ceremony on Tuesday that they are committing $100 billion to the new venture.

Son will serve as chairman of Stargate, which will be run by OpenAI and financed by SoftBank.

What Is Stargate’s Objective?

According to OpenAI, Stargate is a new company that will establish a new AI infrastructure that will help advance U.S. leadership in AI and create hundreds of thousands of jobs in the U.S.

Stargate will build data centers for OpenAI, including the first facility in Texas that will be operated by Oracle. OpenAI is assessing potential sites across the country as it finalizes definitive agreements.

The venture will support the reindustrialization of the U.S. and provide a strategic capability to safeguard the national security of the U.S. and its allies.

Stargate’s Equity Funders & Tech Partners

OpenAI, SoftBank, Oracle and United Arab Emirates-based tech investor MGX are the new JV’s initial equity funders.

Oracle, OpenAI, NVIDIA, Arm and Microsoft will serve as Stargate’s initial tech partners.

OpenAI said it will build on its existing partnership with Microsoft by increasing its use of the latter’s Azure cloud computing platform to help train leading models and deliver new products and services.

Register here to join the Potomac Officers Club’s 2025 Artificial Intelligence Summit on March 20, to hear more about cutting-edge AI innovations from industry and government experts.

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