OpenAI and SoftBank Group commit one billion dollars to power the Stargate project

OpenAI and SoftBank Group Corp 9984.Tannounced today that they have each committed 500 million dollars to SB Energy to expand the critical power and data center infrastructure required for the Stargate initiative. This multi-year, 500 billion dollar project seeks to build massive AI data centers for both training and inference. The partnership marks a strategic shift as technology firms move beyond compute power to directly address energy access, which has become a primary constraint on the expansion of artificial intelligence.