OpenAI, Oracle, and SoftBank have announced plans to accelerate the massive $500 billion Stargate project, an ambitious private-sector initiative designed to build the next generation of artificial intelligence infrastructure in the United States. The expansion, unveiled on Tuesday, underscores how major tech companies and government leaders are prioritizing AI as a driver of innovation, economic growth, and global competitiveness.
The Stargate initiative, first introduced in January when President Donald Trump hosted top technology executives at the White House, aims to deliver 10 gigawatts of total data center capacity. OpenAI confirmed that three new sites will be built with Oracle in Shackelford County, Texas, Dona Ana County, New Mexico, and a third undisclosed location in the Midwest. In addition, two more AI data centers will rise in Lordstown, Ohio, and Milam County, Texas, through collaboration between OpenAI, SoftBank, and a SoftBank affiliate.
With these additions, Stargate’s data center network will reach nearly 7 gigawatts of capacity and over $400 billion in investment within the next three years. The ultimate goal remains a 10-gigawatt footprint, fueling the computing power needed to advance generative AI platforms such as ChatGPT and Microsoft’s Copilot.
The new facilities are expected to generate around 25,000 onsite jobs, marking a major boost for regional economies. OpenAI CEO Sam Altman emphasized the importance of compute infrastructure, stating that “AI can only fulfill its promise if we build the compute to power it.”
This announcement follows Nvidia’s pledge to invest up to $100 billion in OpenAI, supplying high-performance data center chips critical to the project. According to reports, OpenAI and its partners plan to leverage debt financing to lease chips for Stargate.
As AI becomes a strategic priority in defense, technology, and international competition—particularly with China’s push to catch up—the U.S. is doubling down on its role as a global leader in artificial intelligence innovation.


One Percent Rule Checklist For Safer Forex Trading Risk
Trump Administration Approves Nvidia H200 AI Chip Sales to China Under New Export Rules
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities
BlueScope Steel Announces A$1 Special Dividend After Asset Sales
xAI Cash Burn Highlights the High Cost of Competing in Generative AI
Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer
Alphabet Stock Poised for Growth as Bank of America Sees Strong AI Momentum Into 2026
Starlink Internet Remains Active in Iran Despite Nationwide Blackout
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates
FCC Approves Expansion of SpaceX Starlink Network With 7,500 New Satellites
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits
Nvidia Denies Upfront Payment Requirement for H200 AI Chips Amid China Export Scrutiny
Walmart International CEO Kathryn McLay to Step Down After Two and a Half Years
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions 



