The White House announced a $100 billion initiative—potentially scaling to $500 billion—led by OpenAI to build data centers across the U.S., starting in Texas. This massive effort establishes a new company named Stargate, a partnership between OpenAI, SoftBank, and Oracle. To mark the announcement, SoftBank Chief Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Co-founder Larry Ellison joined President Trump at the White House.

Just minutes before the announcement, Microsoft revealed it had altered its exclusive agreement with OpenAI to grant “right of first refusal” on new cloud computing capacity. This change addresses a challenge for OpenAI, which has faced delays in product releases due to a lack compute resources for building larger, more powerful AI models.

My guess? This move lets Altman tap into Oracle and other cloud platforms, potentially pushing out ChatGPT-5—or even AGI (Artificial General Intelligence)—sooner than we imagined.

OpenAI teams up with SoftBank and Oracle on $500B data center project | TechCrunch

OpenAI has announced that it’s teaming up with Softbank and Oracle on $100 billion data center project in the U.S.