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OpenAI, Oracle, and SoftBank Form Partnership to Invest $500B in AI Infrastructure

Jan 21, 2025•over 1 year ago

Contract Type

partnership

San FranciscoArtificial IntelligenceVenture Capital FundVenture Capital FundVenture Capital Fundresearch

Description

President Donald Trump announced a new partnership formed by OpenAI, Oracle, and SoftBank, which will invest up to $500 billion for AI infrastructure. The initial investment is expected to be $100 billion and could reach five times that sum. The new entity, Stargate, will start building out projects needed for the further development of AI in Texas.

Company Information

Company

OpenAI Deployment Company

Location

3180 18th Street

San Francisco, California, United States

About

OpenAI Deployment Company is a subsidiary of OpenAI focused on implementing AI solutions in large enterprises. It aims to help businesses embed AI effectively into their operations. With substantial funding and an experienced team, the company strives to transform infrastructure and workflows using advanced AI technologies.

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