The multibillion-dollar Stargate Project announced by U.S. President Donald Trump will focus on building data centers with the goal of turning the U.S. into a computing power empire, according to ...

The Stargate Project, as the venture is named, is a partnership between four notable companies: OpenAI, SoftBank, Oracle and MGX. Its goal is to construct sites throughout the U.S. to develop ...

Stargate is currently backed by SoftBank (SFTBY), Oracle (ORCL), and ChatGPT maker OpenAI. Microsoft, a key backer of OpenAI, was listed as a technology partner in the new joint venture.

Executives from OpenAI, Softbank and Austin-based Oracle will invest $100 billion initially and up to $500 billion in a joint venture called Stargate over the next four years. Oracle’s Chief ...

New details have emerged about Project Stargate, the $500 billion initiative through which OpenAI hopes to build a cluster of artificial intelligence data centers. The Financial Times reported on ...