About the Stargate Project

The Stargate Project is a large-scale AI infrastructure initiative announced in January 2025. Led by OpenAI, Oracle, SoftBank, and MGX, the project aims to expand domestic compute capacity and support advanced artificial intelligence development in the United States.

The initiative is structured as a private joint venture, not a government-owned or government-operated program.

Public statements indicate an intended investment target of up to $500 billion over multiple years for AI data centers and supporting infrastructure across the United States.

• Long-term investment objective, not fully committed capital at present
• Initial phases involve approximately $100 billion in early development
• Additional investment dependent on execution, partnerships, and financing

• Project is in early infrastructure and planning stages
• Initial data center developments discussed, including sites in Texas
• Expansion expected to occur incrementally

Timelines, locations, and total investment amounts remain subject to change.

Publicly disclosed information identifies the following leadership and founding equity participants: