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Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. [2] The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029.
Stargate has also revealed a 3-phase site selection process. This will include evaluating potential sites for critical criteria, including power, size, water, people, and fiber.
The joint venture, called Stargate, is expected to begin with a data center project in Texas, according to CBS News, which first reported the news. Company execs were expected to commit to an ...
The project created a company called Stargate, which said in Tuesday's announcement it would “begin deploying $100 billion immediately" starting with data centers in Texas and spend an ...
Stargate Project may refer to: Stargate Project (U.S. Army unit) , a secret United States Army unit established in 1977 Stargate LLC , an American artificial intelligence joint venture founded in January 2025
The company formally announced selection of the Texas location in August 2014. [7] In September 2013, the State of Texas General Land Office (GLO) and Cameron County signed an agreement outlining how beach closures would be handled in order to support a future SpaceX launch schedule. The agreement is intended to enable both economic development ...
Last month, U.S. President Donald Trump announced Stargate, a private sector investment of up to $500 billion for AI infrastructure, funded by SoftBank, OpenAI and Oracle.
The town is located on the Colorado River east of Austin and close to Bastrop. It has a Boring Company production hall and a SpaceX site where receiving technology for its Starlink satellite communications network is manufactured. The Tesla Gigafactory Texas is located just 13 mi (21 km) to the west.