The Trump Administration and OpenAI are launching Project Stargate, a new company with plans to invest $500 billion over the next four years into the building of new AI infrastructure in the United States.
Project Stargate represents a collaborative effort among technology industry leaders with the stated goal of keeping the United States at the forefront of technological innovation. With an immediate investment of $100 billion, the initiative is expected to create over 100,000 jobs in the United States. Construction of first data center has begun in the state of Texas.
“It will ensure the future of technology,” said Trump during a White House press conference. “Beginning immediately, Stargate will be building the physical and virtual infrastructure to power the next generation of advancements in AI and this will include the construction of colossal data centers, very massive structures.”
Key players of Project Stargate include:
OpenAI — A leading AI research organization, OpenAI is a primary partner in Stargate, responsible for the operational aspects of the project.
SoftBank — A multinational conglomerate, SoftBank is the lead financial partner in Stargate, providing substantial funding for the initiative.
Oracle — Specializing in cloud services and enterprise software, Oracle is an equity partner and key technology collaborator in the project.
MGX — An equity partner in Stargate, contributing to the project’s development.
Microsoft — A leading global technology company that develops software, hardware, and cloud services, Microsoft will provide technological support and infrastructure expertise to the project.
NVIDIA — Specializing in advanced graphics processing units, NVIDIA will provide advanced hardware solutions essential for AI computations.
Arm Holdings — A leading semiconductor and software design company based in the U.K., Arm Holdings will contribute specialized technology to support the project’s objectives.
Key executives of Project Stargate include:
Masayoshi Son — CEO of SoftBank, serving as the chairman of Stargate, overseeing the project’s strategic direction.
Sam Altman — CEO of OpenAI, playing a pivotal role in the project’s operational execution.
Larry Ellison — Executive Chairman of Oracle, involved in the project’s strategic planning and implementation.