Plans to build a system of data centers for artificial intelligence are revealed at a White House press conference, in which Masayoshi Son, Sam Altman and Larry Ellison join Donald Trump to announce The Stargate Project. Their companies, SoftBank, OpenAI and Oracle (respectively), are listed with MGX as “initial equity funders” to invest $500 billion over the next four years “to build new AI infrastructure for OpenAI in the United States.” “
according to A statement from OpenAI“Arm, Microsoft, NVIDIA, Oracle, and OpenAI” are the initial technology partners, with construction “currently underway” starting in Texas as other sites are evaluated across the country. It also said that “Oracle, NVIDIA, and OpenAI will collaborate to build and operate this computing system.”
separately, Microsoft announced an update for this Partnership with OpenAISaying that key elements of their deal will remain in place until 2030, including “our access to OpenAI's IP, our revenue sharing arrangements and our exclusivity over OpenAI's APIs.”
The project was announced at a press conference, which has been Rumor since the beginning of last yearSon and Altman spoke directly to Trump, and insisted that the project occurred only because of his election victory.