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OpenAI announced a partnership with Nvidia, Microsoft, Oracle, and Arm to develop advanced AI infrastructure in the U.S. through a new entity, The Stargate Project. This initiative plans to invest $500 billion over four years, starting with an immediate $100 billion deployment. The project is part of a broader effort to strengthen U.S. dominance in AI by addressing the sector's high computational and energy demands.
SoftBank Group and OpenAI will lead the initiative, with SoftBank's CEO, Masayoshi Son, serving as chairman. SoftBank will oversee financial responsibilities, while OpenAI handles operations. Other key stakeholders include Oracle and MGX.
The venture has gained support from U.S. President Donald Trump, who announced the partnership during his second day in office. Trump reversed a previous executive order by Joe Biden aimed at mitigating AI risks, opting instead to promote AI innovation and infrastructure development. New executive orders were also signed to enhance U.S. energy production, addressing the energy-intensive needs of AI systems.
The Stargate Project will initially build infrastructure in Texas, with additional sites under consideration. The collaboration will deepen ties with Nvidia and Microsoft, key investors in OpenAI. Arm, Oracle, and other partners will contribute to the project’s technological framework.
The announcement positively impacted market sentiment, with shares of Oracle, Microsoft, and Nvidia rising between 1% and 3.5% in after-hours trading. Oracle surged over 7% earlier in the day on reports of the collaboration.
This initiative underscores the U.S.'s commitment to leading the global AI race while driving significant private and public sector investment into the field.
