What is the latest status of the project “The Stargate Project”?

The status recorded for “The Stargate Project” is Under Construction.

What is the budget and commercial profile for the project “The Stargate Project”?

Taiyo normalizes the budget of “The Stargate Project” to USD 500000000.

Where can I verify the source and access all details for “The Stargate Project”?

This Taiyo project page references The Verge along with the original URL (https://www.theverge.com/2025/1/21/24348816/openai-softbank-ai-data-center-stargate-project). Taiyo standardizes official data into a consistent, searchable project profile.

The Stargate Project

Sector: Data Center • Location: Texas, United States

Source: The Verge

Project

Under Construction

The Stargate Project is a new company funded by SoftBank, OpenAI, Oracle, and MGX to build AI infrastructure for OpenAI in the US. It involves a significant investment to create a system of data centers for artificial intelligence, with initial buildout currently underway in Texas.

Status: Under Construction
Sector: Data Center
Location: Texas, United States of America
Updated: 22 Jul 2026
Source: The Verge

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Project Information

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The project “The Stargate Project” is an infrastructure initiative in the Data Center sector, located in Texas, United States. Taiyo aggregates data on it from The Verge.

Participants

Not available for this record.

Status

Original status	Under Construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Stargate Project is a new company funded by SoftBank, OpenAI, Oracle, and MGX to build AI infrastructure for OpenAI in the US. It involves a significant investment to create a system of data centers for artificial intelligence, with initial buildout currently underway in Texas.
Original sector	Technology
Budget

Location

Country	United States of America (USA)
State	Texas

Source

Source	The Verge
URL

More Details

Record type	Project
Sector	Data Center
Article published date	2025-01-29

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The Stargate Project

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