As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged.

OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states ...

If there were any fears that spending on artificial intelligence (AI) infrastructure was about to slow down, that was put to rest when President Donald Trump announced the new Stargate AI project ...

Why is the new Stargate initiative so important for Nvidia Corp.? With the stock rising again on Wednesday, one analyst ran down the reasons. To start, investors have been focused lately on the ...

Stargate appears to be another huge AI data center project on the horizon. Nvidia and TSMC will both benefit from the number of AI chips needed for this venture. The project, meanwhile, will help ...

An icon in the shape of a lightning bolt. Impact Link The developers of the first Project Stargate data center in Abilene, Texas, plan to build a natural gas plant on the site, according to public ...

U.S. President Donald Trump accompanied by OpenAI CEO Sam Altman (R), speaks during a news conference in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC.

Donald Trump, announcing Project Stargate. SoftBank and OpenAI have each committed over $15 billion, but they’ll need to raise more money through debt and equity. Image Credit: Reuters Donald Trump’s ...

The Stargate Project, as the venture is named, is a partnership between four notable companies: OpenAI, SoftBank, Oracle and MGX. Its goal is to construct sites throughout the U.S. to develop ...