Groundbreaking Partnership in AI Development

In an unprecedented move, SoftBank Group Corp. and OpenAI are each planning to commit a staggering $19 billion to Stargate, a cutting-edge artificial intelligence (AI) initiative. This ambitious project was recently unveiled by United States President Donald Trump, marking a significant milestone in AI infrastructure development.

Ownership and Vision for Stargate

According to reports from the Information, this substantial investment would grant both SoftBank and OpenAI a 40% stake in the Stargate project. OpenAI CEO Sam Altman has passionately described the project as "the most important project of this era," highlighting its potential to redefine the technological landscape.

A Collaborative Effort Among Tech Giants

The announcement of the joint $500 billion project was made during a high-profile event attended by President Trump, SoftBank CEO Masayoshi Son, Oracle's executive chairman Larry Ellison, and Sam Altman. This collaboration underscores the global tech community's commitment to advancing AI technology and its applications.