Where will the next major 'Stargate' data center investment occur by end of 2026?
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Trump Launches $500 Billion 'Stargate' AI Project with $100B Texas Investment
Jan 22, 2025, 08:23 AM
President Donald Trump announced the launch of "Stargate," a joint venture between OpenAI, SoftBank, and Oracle to invest up to $500 billion over the next four years in artificial intelligence (AI) infrastructure in the United States. The initiative begins with an immediate $100 billion investment to build data centers in Texas, intended to power the next generation of AI advancements and secure U.S. leadership in the field. The project aims to construct colossal data centers requiring five gigawatts of energy, create over 100,000 jobs, and drive economic growth.
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