• Latest
  • Trending
SoftBank to invest $100 billion in the US, focussing on AI & Jobs

OpenAI & SoftBank launch $500 bn ‘Stargate AI’ Project

S&P 500 sets new closing record, up 6% in a month

S&P 500 sets new closing record, up 6% in a month

Market Report: Nifty IT index lost momentum; Nasdaq gained last week

Which indices are the best & worst performers in 2025?

China’s capital market enters a new wave of mergers and acquisitions : Guosen Securities

China’s capital market enters a new wave of mergers and acquisitions : Guosen Securities

Clear Secured Services posts strong H1 FY26 results; Revenue at ₹315cr, PAT surges to ₹16.9cr

Clear Secured Services posts strong H1 FY26 results; Revenue at ₹315cr, PAT surges to ₹16.9cr

ServiceNow to buy Armis for $7.75B in cash

ServiceNow to buy Armis for $7.75B in cash

FedEx stock up 29% in last 6 months: Know its Q2FY26 performance

FedEx stock up 29% in last 6 months: Know its Q2FY26 performance

NALCO share price skyrockets on metal rally, closes near record high

NALCO share price skyrockets on metal rally, closes near record high

Lockheed Martin secures $1+ billion SDA contract for Tranche 3 Missile-Tracking satellites

Lockheed Martin secures $1+ billion SDA contract for Tranche 3 Missile-Tracking satellites

What does Micron’s Q3 result mean for chip-makers?

Micron in focus with strong Q1FY26 performance

HARMAN to acquire ZF Group’s ADAS business for €1.5 billion

HARMAN to acquire ZF Group’s ADAS business for €1.5 billion

Aluminium slips slightly as profit booking offsets supply concerns

Aluminium slips slightly as profit booking offsets supply concerns

Blackstone steps up Australian tourism push with Hamilton Island deal

Blackstone steps up Australian tourism push with Hamilton Island deal

Thursday, December 25, 2025
  • Login
Data Biz Times
  • Commodity
  • Data Story
  • Market
  • Business
  • Media Release
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

OpenAI & SoftBank launch $500 bn ‘Stargate AI’ Project

in Blog
Reading Time: 2 mins read
0
SoftBank to invest $100 billion in the US, focussing on AI & Jobs
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 22 January 2025

SoftBank Group and OpenAI have launched a gigantic $500 billion project called “The Stargate Project” that will create high-end AI infrastructure across the United States. Masayoshi Son, the CEO of SoftBank, will head this project as chairman, which will be implemented in the next four years.

It begins with an instant investment of $100 billion, bringing together some major players in the tech world. SoftBank will take care of the financial part of the deal, while OpenAI will manage operations. Oracle and MGX are also equity funders, thus adding strength to the partnership.

Some of the main technology partners to be involved are Microsoft, Nvidia, Arm, and Oracle. Work has begun at the location in Texas, and others are scheduled across the U.S. OpenAI will take deeper collaboration with Microsoft by significantly leveraging Azure cloud computing. The companies have collaborated with OpenAI since 2016, and one of them is Nvidia, whose advanced computing resources will also help in providing cutting-edge power in the AI ecosystem.

The project, OpenAI said, would help accelerate U.S. leadership in AI and create hundreds of thousands of jobs. The funding will further enable continued research on AGI, provide the necessary computing resources, and allow for training leading-edge AI models.

“This investment will re-industrialize America and give OpenAI the computing power it needs for AGI research,” said OpenAI in a statement.

The Stargate Project has received support from technology leaders and national security officials, and it has been considered as a project that would keep the U.S. competitive in AI development. OpenAI stated that its mission is to use AI for the benefit of humanity and believes this project is a step forward.

With this massive infrastructure effort, OpenAI hopes to empower creative minds to explore how AI can enhance humanity’s future.

Related Posts

India’s coffee sector: Heritage, production strength and global recognition

India’s coffee sector: Heritage, production strength and global recognition

0

DBT Bureau Pune, 30 Nov 2025 Legend has it that India’s coffee journey began around 1600 AD when Sufi Saint...

A Hero’s Flight: The Story of Wing Commander Namansh Syal

A Hero’s Flight: The Story of Wing Commander Namansh Syal

0

DBT Bureau Pune, 22 Nov 2025 When Wing Commander Namansh Syal stepped into the Tejas cockpit that morning, he carried...

The basics of NumPy for data analysis

The basics of NumPy for data analysis

0

Athira Sethu Kochi, 30 Oct 2025 NumPy‍‌‍‍‌‍‌‍‍‌ is a Python tool that makes your work with lists of numbers easier....

What to buy and what to avoid on Dhanteras

What to buy and what to avoid on Dhanteras

0

Athira Sethu Kochi, 18 Oct 2025 Dhanteras marks the beginning of Diwali, a great festival in India. It's a day...

S&P 500 sets new closing record, up 6% in a month
Market

S&P 500 sets new closing record, up 6% in a month

0

DBT Bureau Pune, 25 Dec 2025 The S&P 500 reached a record high, closing at $6,932.05 on December 24, supported...

Read moreDetails
Market Report: Nifty IT index lost momentum; Nasdaq gained last week
Data Story

Which indices are the best & worst performers in 2025?

0

Debasis Mohapatra Bengaluru, 25 Dec 2025 The year 2025 turned out to be a mixed year for Indian markets with...

Read moreDetails
China’s capital market enters a new wave of mergers and acquisitions : Guosen Securities
News

China’s capital market enters a new wave of mergers and acquisitions : Guosen Securities

0

DBT Bureau Pune, 25 Dec 2025 Guosen Securities Co., Ltd., one of China's leading comprehensive investment banks and securities firms, observes that the...

Read moreDetails
Clear Secured Services posts strong H1 FY26 results; Revenue at ₹315cr, PAT surges to ₹16.9cr
News

Clear Secured Services posts strong H1 FY26 results; Revenue at ₹315cr, PAT surges to ₹16.9cr

0

DBT Bureau Pune, 25 Dec 2025 Clear Secured Services Ltd. (CSSL), has announced its results for the six months ended...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence
  • Contact Us
  • News

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?