Stargate is a $500 billion initiative aimed at creating an AI infrastructure in the US over the next four years.
Key Highlights
- US President Donald Trump said $100 million will be invested right away. This is an ambitious project that aims to propel the US into global leadership in AI advancements.
- In order to facilitate the project, the Trump administration will offer support through emergency declarations, and expediting energy production to meet infrastructure needs.
- Stargate would include construction of massive data centers and campuses across the US. Japanese investment firm SoftBank, OpenAI, Oracle, and investor MGX are the key stakeholders of the project.
- While SoftBank will manage the financial aspect of the project, OpenAI will steer the operations. Masayoshi Son will be the chairman of the project,
