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Stargate AI Data Centers Joint Venture

Sector: Data Center • Location: United States

Source: The Economic Times

Project
Planned

OpenAI plans a joint venture with SoftBank and Oracle to build up to $500 billion of new AI data centers in the United States. Microsoft has changed its exclusive deal terms with OpenAI to allow the company to build additional data center capacity, paving the way for the joint venture. OpenAI and SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for AI

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Project Information

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The project “Stargate AI Data Centers Joint Venture” is an infrastructure initiative in the Data Center sector, located in United States. Taiyo aggregates data on it from The Economic Times.

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Participants

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planned

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Description

Description

OpenAI plans a joint venture with SoftBank and Oracle to build up to $500 billion of new AI data centers in the United States. Microsoft has changed its exclusive deal terms with OpenAI to allow the company to build additional data center capacity, paving the way for the joint venture. OpenAI and SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for AI in the U.S.

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Source reliability

High

Data quality score

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URL

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