SoftBank, OpenAI, and Oracle Unveil $500 Billion AI Infrastructure Project ‘Stargate’ in Historic Partnership

SoftBank Group, OpenAI, and Oracle have revealed plans to launch a groundbreaking $500 billion joint venture aimed at advancing artificial intelligence infrastructure in the United States. The new venture, named “Stargate,” was announced by OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, and Oracle Chairman Larry Ellison, with President Donald Trump present, who hailed the initiative as the “largest AI infrastructure project in history.”
During the announcement, President Trump emphasized the significance of the project, stating, “This new American company will invest at least $500 billion into AI infrastructure in the United States. You’ll hear a lot about Stargate in the future.”
Son disclosed that the venture will initially deploy $100 billion, with plans to increase the investment to $500 billion for AI-focused projects, such as data centers and physical campuses. Leading companies like Microsoft and Nvidia are also expected to join the initiative, according to Bloomberg.
Altman and Ellison expressed gratitude toward President Trump for his crucial role in the development of the project. Altman commented, “This will be the most important project of this era, and we wouldn’t be able to do this without you, Mr. President.”
The leaders also discussed the transformative potential of AI in healthcare. Altman shared his vision of AI accelerating the cure for diseases, particularly cancer and heart disease, stating, “We will see diseases get cured at an unprecedented rate.” Ellison highlighted the role of AI in developing personalized cancer vaccines, adding that AI could revolutionize early cancer detection and treatment by designing individualized mRNA vaccines in just 48 hours.