Stargate
TL;DR Stargate is a $500B AI infrastructure programme announced in January 2025 - the equity partners are OpenAI, SoftBank, Oracle, and Abu Dhabi sovereign investor MGX Construction has already started in Texas with more sites planned, aimed at training and serving the next generation of frontier AI models The scale signals where compute spend is heading - tens of billions per cluster is becoming the price of admission at the frontier The initial $100B commitment is intended to scale to $500B by 2029, combining OpenAI’s models, SoftBank and MGX capital, and Oracle’s data-centre and infrastructure capabilities Worth tracking as a useful proxy for how seriously the industry takes the compute side of the AGI race About Stargate is a $500 billion AI infrastructure project announced in January 2025. The equity partners are OpenAI, SoftBank, Oracle, and MGX, with Microsoft and Nvidia listed as technology partners rather than equity investors. ...