Reality set on what China’s Deek Seek really is; not a Holy Schnikes!! but rather a five trumpet wake up call in for US to elevate leadership focus with both feet down on the innovative gas pedal! No resting on laurels in the middle of competition with everything to win and little to lose.
On Tuesday, OpenAI, SoftBank Group Corp., Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years.
The newco has $100 Billion in investment and plans to add 100,000 jobs.
Proven operators at the helm bringing technology with top leadership focus and a goal of elevating people-focused safety, health, prevention, and better lives.
⚡ 🏁 Placing the Big Bet: $500 Billion with proven technology operators and funders. The largest investment commitment and collaboration with proven operators in history.
On Tuesday, OpenAI, SoftBank Group Corp., Oracle and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years creating more than 100,000 technology jobs. SoftBank CEO Masayoshi Son will serve as Stargate’s Chair; Nvidia, Arm and LinkedIn parent Microsoft are also among the technology partners.
Stargate’s $500 billion investment led by proven operators Sam Altman, Larry Ellison, and Masayoshi Son to build artificial intelligence infrastructure in the US, aiming to outpace rival nations in the business-critical technology.
With partnerships from giants like OpenAI, Oracle, MGX and others, Stargate aims to:
✅ Drive economic, business, and health growth with over 100,000 new tech jobs
✅ Accelerate AI breakthroughs elevating people
✅ Secure national security and quality of life
✅ Reassert U.S. AI leadership
With $100 billion already set for immediate deployment, the project will focus on re-industrializing the U.S. while enhancing national security and developing transformative AI technologies.
Larry Ellison stated “Imagine early cancer detection, development of a cancer vaccine to treat each person’s cancer precisely and effectively and to have that vaccine available in 48 hours; this is the promise of AI”
Sam Altman stated “I am thrilled we get to do this in the United States of America. This will be the most important project in this era for AGI to be created here; creating hundreds of thousands of jobs, to create a new industry started here in the US.”
Stay, “anytime a company raises money for others, our partnership continues. We will be a tech partner to Stargate and nothing changes on IP access. Open AI is committed to This accelerates OpenAI’s
CEOs Masayoshi Son of SoftBank and Sam Altman of OpenAI CEO along with Oracle Chairman Larry Ellison joined Trump at the White House for the launch.
“Immediately, Stargate will be building the physical and virtual infrastructure to power the next generation of advancements in AI,” said Trump. “And this will include the construction of colossal data centers.”
SoftBank is taking on the financial responsibilities of the project while OpenAI, the creator of ChatGPT, will take the lead on delivering the operation. Japanese billionaire Masayoshi Son, chairman of SoftBank, will serve as Stargate’s chairman.
The project will be based in Texas, where the construction of 10 new data centers has already begun.
and more to come…..
