The story
Founded by MGX Fund Management Limited, OpenAI, Oracle Corporation and SoftBank Group on Jan 21, 2025.1
Private company
The Stargate Project
American AI venture
Stargate Project, incorporated in Delaware as Stargate LLC, is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. The venture plans to spend up to US$500 billion to build AI infrastructure in the United States by 2029. It has been planned since 2022 and was formally announced on January 21, 2025, by United States president Donald Trump.2 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
Jan 21, 2025Founded1
- Industryartificial intelligence, information technology industry, investment management1
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Stargate Project, incorporated in Delaware as Stargate LLC, is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. The venture plans to spend up to US$500 billion to build AI infrastructure in the United States by 2029. It has been planned since 2022 and was formally announced on January 21, 2025, by United States president Donald Trump.2
Timeline
- Jan 21, 2025Founded Founded1
Links
- WikipediaStargate LLC
- WikidataQ131843464
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataThe Stargate Project on Wikidata
- 2WikipediaThe Stargate Project on Wikipedia