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OpenAI, SoftBank, and Oracle launch the largest AI infrastructure project in history, "Stargate Project": investing $50 billion to establish data centers
U.S. President Donald Trump announced that OpenAI, SoftBank and Oracle have formed a new joint venture, Stargate, which plans to invest $500 billion in phases to build the data center and energy infrastructure needed for artificial intelligence. (Synopsis: Trump rescues TikTok: Let the United States hold 50% of the shares to continue operating, Musk is a potential buyer? (Background added: Trump talks about $TRUMP for the first time: I heard that it was very successful but I don't know much... The price of the currency once plunged by more than 25%) US President Trump announced at the White House yesterday (21) that OpenAI, SoftBank and Oracle jointly established a joint venture company Stargate, planning to invest $500 billion in phases to build the data center and energy infrastructure required for artificial intelligence, and the initial plan is to invest $100 billion in data center and energy equipment construction, and the total investment may be expanded to $500 billion. Trump described it as "the largest AI infrastructure project in history" and a declaration of firm confidence in the potential of the United States in the field of AI. Stargate statement said: "SoftBank and OpenAI are Stargate's main partners, SoftBank is responsible for finance, OpenAI is responsible for operations, and Son will serve as Stargate's chairman." Initial focus on Texas It is understood that Stargate expects to start the first wave of data center construction in Texas, initially building 10 facilities and planning supporting power infrastructure. Allison pointed out that in addition to supporting the computing needs of artificial intelligence technology, these data centers may also be applied to medical data, such as the development of customized vaccines to treat cancer. Sam Altman said, "This is one of the most important technological developments of our generation." Son also stressed that this is not only the advancement of scientific and technological innovation, but also a milestone for AI technology to enter a new era, which is the beginning of the golden era. Demand for AI infrastructure surges According to Blackstone, the total investment in data centers in the United States is expected to reach $1 trillion in the next five years, and the investment in international markets is also close to $1 trillion. In addition to OpenAI, SoftBank and Oracle, companies such as Microsoft, NVIDIA, Arm and MGX have also joined the ranks to jointly invest in building resources and demonstrate a strong multinational alliance lineup. Although Stargate's scale and funding attract attention from all walks of life, the US AI industry still faces policy risks. Trump has overturned the AI safety and transparency standards set by the Biden administration in 2023, making the future direction of AI regulatory policy more uncertain. Related reports Trump talks about $TRUMP for the first time: I heard that it was very successful but I don't know much...; The price of the currency once plunged by more than 25% Trump's second son shouted: Now is the best time to invest in the US cryptocurrency, technology, and energy markets! Who will buy TikTok? Trump: Happy to see Musk or Oracle founder acquisition "OpenAI, SoftBank, Oracle launches the largest AI infrastructure plan in history "Stargate Project": invest $500 billion to build a data center" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Block Chain News Media".