January 22, 2025 – Today, technology giants including OpenAI and SoftBank announced their joint venture into a new project named “Stargate.” This newly established company, Stargate, aims to invest $500 billion over the next four years to build AI infrastructure in the United States for OpenAI.
Both OpenAI and SoftBank have stated that they will immediately deploy $100 billion each. The initial investors in Stargate comprise SoftBank, OpenAI, Oracle, and MGX, with SoftBank handling the finances and OpenAI managing the operations. Notably, Masayoshi Son, the CEO of SoftBank, will take on the role of Chairman at Stargate.
In addition to the primary investors, Arm, Microsoft, NVIDIA, Oracle, and OpenAI have been named as the key initial technology partners of Stargate. Currently, all parties are engaged in discussions to evaluate suitable locations for the construction of the AI infrastructure.
According to the announcement, Oracle, NVIDIA, and OpenAI will work closely together as part of Stargate to build and operate the computing system. This collaboration will be built upon OpenAI’s existing partnership with Microsoft. As OpenAI continues to collaborate with Microsoft, they plan to utilize the computing power to train advanced models and deliver exceptional products and services, resulting in an increased consumption of Azure.
