Stargate, a joint venture led by OpenAI, Oracle, and SoftBank, will invest $500 billion for artificial intelligence infrastructure in United States.

President Donald Trump announced the three companies plan to build 20 massive datacenters and create 100,000 jobs in the U.S. This follows a March 2024 report detailing a $100 billion data center project by OpenAI and Microsoft, also named Stargate. It remains unclear whether this is a continuation or a separate initiative.

Stargate’s owners—OpenAI, Oracle, and SoftBank—have already allocated $100 billion for immediate use, with the remainder planned over the next four years. Each datacenter will measure 500,000 square feet (46,450 square meters), according to Oracle CEO Larry Ellison. Construction of the first datacenter has already begun in Texas, though it is unclear if this is an Oracle datacenter that will be transferred to Stargate. Oracle, based in Texas, has not publicly announced plans to build its datacenters in the state.

The datacenters will power advanced AI, including artificial general intelligence (AGI), and provide applications for specialist tasks such as helping healthcare providers analyze health records. Investing $500 billion in 20 datacenters with adjacent infrastructure means each datacenter will cost around $25 billion.

Hardware companies like Nvidia, AMD, Intel, Dell, HPE, and Lenovo are expected to receive tens of billions of dollars over the next five years by supplying parts to these datacenters.

The announcement featured top executives: OpenAI’s Sam Altman, Oracle’s Larry Ellison, and SoftBank’s Masayoshi Son. They credited Trump’s leadership for facilitating the project, particularly his decision to roll back a prior executive order by Joe Biden aimed at curbing AI risks. The current administration also promised to simplify power production processes to meet the high electricity demands of AI datacenters. Altman noted that achieving artificial general intelligence domestically would not have been possible without the new administration’s support.