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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.
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.
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 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 ...
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 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.