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OpenAI, Oracle, SoftBank, Microsoft, and many other technical and financial business giants are joining hands to develop AI data centers across the USA.
Image source: Fortune
In a recent press conference at the White House, US President Donald Trump announced investment plans to expand infrastructure. Multiple tech and business moguls attended the meeting.
Image source: Quartz
In the White House meeting, OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison, and SoftBank chief Masayoshi Son declared a joint statement highlighting the Stargate project.
Image source: OpenAI
The Stargate project’s investing companies have released an expenditure plan of $500 billion over the next 5 years, expected to split into $100 billion yearly.
Image source: AD
In recent years, OpenAI has collaborated with firms like TSMC and Broadcom to develop AI-enabled electronic chips, estimated to be stored in data centers.
Image source: Canva
OpenAI has negotiated with Oracle to lease a data center in Abilene, Texas. By mid-2026, the Texas data center is envisioned to reach a limit of a gigawatt of electricity.
Image source: Canva
Although this project sounds appealing, the tech community's reaction is conflicted. Tech giants like Elon Musk have commented on the initiative, saying investors lack the funding.
Image source: X