The Stargate Project is a new company funded by SoftBank, OpenAI, Oracle, and MGX to build AI infrastructure for OpenAI in the US.
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project. Their companies, Softbank, OpenAI, and Oracle , along with MGX are listed as “initial equity funders” for $500 billion in investments over the next four years, “building new AI infrastructure for OpenAI in the United States.
” Separately, Microsoft announced an update to its partnership with OpenAI, saying that the key elements of their deal remain in place through 2030, covering “our access to OpenAI’s IP, our revenue sharing arrangements and our exclusivity on OpenAI’s APIs all continuing forward.” What is changing is that Microsoft says OpenAI has made a “new, large Azure commitment that will continue to support all OpenAI products as well as training.
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