Stargate AI Data Center Venture
Sector: Data Center • Location: Ohio, United States
Source: Proactive financial news
Stargate is a $500 billion AI data center project involving Softbank and OpenAI, aiming to establish massive AI-focused data centers across the US to create over 100,000 jobs and expand America's AI computing capacity. The project has been stalled for six months due to disagreements between Softbank and OpenAI on key project conditions such as location and structure. The initial plan to invest $10
- Status
- Closed
- Sector
- Data Center, Commercial
- Location
- Ohio, United States of America
- Updated
- 22 Jul 2026
- Source
- Proactive financial news
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Project Information
Participants
| Not available for this record. |
Status
Original status | stalled |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Stargate is a $500 billion AI data center project involving Softbank and OpenAI, aiming to establish massive AI-focused data centers across the US to create over 100,000 jobs and expand America's AI computing capacity. The project has been stalled for six months due to disagreements between Softbank and OpenAI on key project conditions such as location and structure. The initial plan to invest $100 billion immediately has been scaled back to building a single, smaller data center likely in Ohio by the end of the year. |
Original sector | Technology |
Budget |
Location
Country | United States of America (USA) |
State | Ohio |
Source
Source | Proactive financial news |
URL |
More Details
Record type | Project |
Sector | Data Center, Commercial |
Article published date | 2025-09-16 |
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