Stargate
Stargate LLC is a joint venture of OpenAI, SoftBank, Oracle and MGX. It plans to finance and build AI data center infrastructure in the United States, which the Financial Times reported will be exclusive to OpenAI.
PrivateUnited StatesMoneyPlanned spending by 2029 $500B (as of 2029)
Money
OpenAI invests in Stargate · $19B
The Information reported OpenAI committed $19 billion and would hold 40% of the joint venture.
SoftBank Group invests in Stargate · $19B
The Information reported SoftBank committed $19 billion and would hold 40% of the joint venture; SoftBank is described as the main financial backer.