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International Business Times UK
International Business Times UK
Vinay Patel

SoftBank, OpenAI Team Up To Launch £405 Billion 'Stargate' AI Infrastructure Project In The US

SoftBank Stargate Donald Trump United States Masayoshi Son Sam Altman America Oracle
The $100 billion Stargate project, a joint venture between OpenAI and SoftBank, serves as a resounding declaration of confidence in America's ability to lead in AI and technological innovation. (Credit: X / Greg Brockman @gdb)

On Tuesday, OpenAI and SoftBank unveiled a major new US artificial intelligence (AI) infrastructure initiative called "Stargate," which Donald Trump described as a "declaration of confidence in America."

The joint venture aims to invest £81.08 billion ($100 billion) in Big Tech infrastructure projects, with the potential to expand this to as much as £405.39 billion ($500 billion) over the next four years.

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