Stargate AI Megaproject Eyes UK Expansion Backed by OpenAI, SoftBank, Oracle

The $500 billion Stargate data center project, backed by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL), is exploring expansion opportunities in the UK as it seeks overseas sites for scaling artificial intelligence infrastructure, according to the Financial Times. The AI-focused initiative, first unveiled in January by U.S. President Donald Trump as a private sector-led push to dominate AI infrastructure, is assessing Europe for its next phase of development.

The UK has emerged as a strong contender thanks to Prime Minister Keir Starmer’s pro-innovation regulatory approach. His administration has pledged to open public data to researchers, create designated zones for data centers, and prioritize electricity access for such facilities—key factors drawing interest from Stargate stakeholders. Germany and France are also under consideration as viable alternatives, according to sources cited in the report.

OpenAI CEO Sam Altman previously hinted at launching a "Stargate Europe," expressing enthusiasm for a similar AI infrastructure venture within the region. OpenAI has already expanded its presence across Europe, opening offices in London, Paris, Brussels, and Munich to support its growing footprint.

Stargate represents a strategic response to the surging global demand for AI computing power, fueled by the widespread adoption of chatbots, generative AI, and intelligent agents. As governments and tech giants race to build the next generation of AI infrastructure, securing electricity, favorable regulation, and talent are top priorities.

Neither OpenAI, Oracle, nor SoftBank have commented on the latest developments. However, the project underscores how global collaboration and competition are reshaping the future of artificial intelligence, with Europe increasingly positioned as a critical battleground in the AI infrastructure race.