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"Stargate": OpenAI, Softbank, and Oracle Launch 500-Billion-USD Mega Project for AI Infrastructure in the USA

D. Bußmann
Reading Time: 3 minutes

Donald Trump announced the ambitious infrastructure project "Stargate" on Tuesday – an initiative that aims to elevate the AI infrastructure of the USA to a new level and also causes a stir in the stock market. Shares of tech companies directly or indirectly involved in the project have recorded significant gains following the announcement.   The Numbers Behind the Project The Stargate project, with a total volume of up to 500 billion USD, aims to build 20 state-of-the-art data centers to enable the next generation of AI technology....

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