Saturday, September 6, 2025
  • Login
Forbes 40under40
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle
No Result
View All Result
Forbes 40under40
No Result
View All Result
Home Lifestyle

SoftBank and OpenAI’s Stargate aims building small data centre by year-end: WSJ

by Mark Darwin
in Lifestyle
SoftBank and OpenAI’s Stargate aims building small data centre by year-end: WSJ
Share on FacebookShare on Twitter


Published Tue, Jul 22, 2025 · 09:46 AM

STARGATE, a multi-billion-dollar effort by ChatGPT’s creator OpenAI, SoftBank and Oracle to supercharge the US’ AI ambitions is now setting the more modest goal of building a small data centre by the end of the year, likely in Ohio, the Wall Street Journal reported on Monday.

In January, US President Donald Trump hosted top tech CEOs at the White House to highlight the US$500 billion Stargate Project, which would create more than 100,000 jobs in the country.

SoftBank and OpenAI, which jointly lead the joint venture, have been at odds over crucial terms of the partnership, including where to build the sites, the report said, citing people familiar with the matter.

In a joint statement, the two companies told Reuters they were moving “with urgency on site assessments” and were also advancing projects in multiple states.

When the project was unveiled, the companies involved, along with other equity backers of Stargate, had committed US$100 billion for immediate deployment, with the remaining investment expected to occur over the next four years.

Oracle Chairman Larry Ellison said at the time that the first of the project’s data centres was already under construction in Texas.

Trump has prioritised winning the AI race against China and declared, on his first day in office, a national energy emergency aimed at removing all regulatory obstacles to oil and gas drilling, coal and critical mineral mining, and building new gas and nuclear power plants to bring more energy capacity online. REUTERS

Share with us your feedback on BT’s products and services

Tags: AimsBuildingcentreDataOpenAIsSmallSoftBankStargateWSJYearEnd
Mark Darwin

Mark Darwin

Next Post
UOBKH initiates coverage on Lum Chang Creations with ‘buy’ call on strong growth outlook

UOBKH initiates coverage on Lum Chang Creations with ‘buy’ call on strong growth outlook

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forbes 40under40 stands as a distinguished platform revered for its commitment to honoring and applauding the remarkable achievements of exceptional individuals who have yet to reach the age of 40. This esteemed initiative serves as a beacon of inspiration, spotlighting trailblazers across various industries and domains, showcasing their innovation, leadership, and impact on a global scale.

 
 
 
 

NEWS

  • Forbes Magazine
  • Technology
  • Innovation
  • Money
  • Leadership
  • Real Estate
  • Lifestyle
Instagram Facebook Youtube

© 2025 Forbes 40under40. All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • Home
  • Technology
  • Innovation
  • Real Estate
  • Leadership
  • Money
  • Lifestyle

© 2024 Forbes 40under40. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In