A new ambitious infrastructure project aimed at advancing artificial intelligence capabilities in the United States has been announced, with major technology companies pledging $500 billion in investments over the next four years.
In a news conference on Tuesday, President Donald Trump talked about the venture, which the Associated Press reported is already underway and dates back to 2024.
Stargate Project, led by SoftBank and OpenAI, will begin immediate deployment of $100 billion to construct AI infrastructure, with its first buildout located in Abilene, Texas. The project aims to bolster American technological leadership, potentially creating hundreds of thousands of jobs and generating significant economic impact.
Masayoshi Son of SoftBank will serve as chairman of the initiative, with SoftBank managing financial aspects and OpenAI handling operational responsibilities. Initial equity funders include SoftBank, OpenAI, Oracle, and MGX.
Key technology partners in the project include Arm, Microsoft, NVIDIA, Oracle, and OpenAI. The collaboration will focus on developing and operating advanced computing systems, building on existing partnerships, including OpenAI’s long-standing relationship with NVIDIA dating back to 2016 and a newer partnership with Oracle.
The project is positioned as more than a technological investment, with leaders describing it as critical to national security and the re-industrialization of the United States. Project representatives emphasized their commitment to developing artificial intelligence for “the benefit of all humanity,” with a particular focus on advancing artificial general intelligence (AGI).
While the initial campus is established in Abilene, Texas, the project team is evaluating potential sites across the country for additional infrastructure developments. The project will continue OpenAI’s existing collaboration with Microsoft, including increased consumption of Azure cloud services.
Project leaders portrayed Stargate as a transformative step in AI development, expressing optimism about the technology’s potential to “elevate humanity” through strategic technological investment.
No specific timeline for complete infrastructure deployment was provided, though the initial $100 billion investment is set to begin immediately.