09/26/2025

OpenAI, Oracle, SoftBank Plan New AI Data Centers for $500 billion Stargate Project

The five centers will be located in the U.S.

OpenAI, Oracle and SoftBank on Tuesday announced plans for five new artificial intelligence data centers in the United States to build out their ambitious Stargate project.

President Donald Trump in January hosted top tech CEOs to launch Stargate, a private-sector initiative that plans to spend up to $500 billion to build AI infrastructure.

AI is a priority for Trump and tech companies that are pouring billions into building the computers that are necessary to power the technology.

Please select this link to read the complete article from Reuters.