PANews reported on January 23 that according to Jiemian News, OpenAI CEO Sam Altman revealed on the 22nd local time that OpenAI and SoftBank Group will each invest $19 billion in the Stargate data center joint venture, each holding a 40% stake in the joint venture. It is revealed that Oracle and MGX will each invest approximately $7 billion, and the rest of the funds will come from limited partners and debt financing.
Trump announced at the White House on the 21st that SoftBank Group, OpenAI and Oracle will invest $500 billion to build infrastructure to support the development of AI in the United States. Trump said at the White House that day that the three companies have joined forces to create a project called "Stargate" and plan to build data centers in the United States to support the development of AI. The technology giants said they would immediately spend $100 billion to build data centers and physical parks, and the ultimate investment target will be as high as $500 billion.
