What is the Stargate Project? Trump announces $500 billion AI venture
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Three tech titans are pouring $500 billion (£404bn) into a new venture called the Stargate Project, with the aim of achieving the “holy grail” of artificial intelligence: computers that think, learn, and adapt like humans. Led by OpenAI, Oracle, and SoftBank, mammoth AI project brings together some of the biggest tech players to build the infrastructure needed to supercharge AI.
Called "the most important project of this era" by OpenAI, the initiative has been compared to the Apollo Program and Manhattan Project for its massive scale and transformative potential. Not to be confused with the sci-fi franchise of the same name, the Stargate Project aims to construct colossal data centres that form the backbone of AI development. These cavernous facilities house the computers, servers, and storage systems that power our digital world.
The new company is set to invest $500bn into AI infrastructure and the electricity needed to power it over the next four years, with $100bn being deployed “immediately”. The Stargate Project is not just a monumental tech venture — it’s also a political statement in the global race to develop the most advanced AI. Announced during a White House press conference by US President Donald Trump, the project reflects the high stakes needed to shape the future of AI.
These are the venture’s main players:. Mr Ellison emphasised the project's potential to revolutionise health care. He suggested it could pave the way for innovations including personalised cancer vaccines, making treatment more targeted and effective.