Bengaluru - OpenAI and Japanese conglomerate SoftBank will each commit US$19 billion (S$25.7 billion) to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Jan 22.

The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.

OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure. President Donald Trump said of the investment: “A resounding

The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his second presidency, Donald Trump announced the creation of a joint venture with OpenAI,

President Trump announces the $500B Stargate Project, the largest AI infrastructure initiative in U.S. history, set to create 100k jobs and secure America’s AI dominance.