OpenAI Joins Hands with SoftBank and Oracle to Build AI Data Centers in the US

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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.

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OpenAI Announcing a Joint Venture to Facilitate Robust AI Ecosystem

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.

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Trump’s Vision for US Infrastructure

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.

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Initializing the Stargate Project

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.

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Incoming Investment of $500 Billion to Expand AI Infrastructure

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.

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Storage Space for OpenAI’s AI-powered Chips

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.

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Establishing the Foundational Data Center in Texas

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.

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Mixed Reaction from the Tech Community