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National News See other National News Articles Title: A detailed breakdown of Project Stargate Project Stargate is a joint venture between OpenAI, SoftBank, and Oracle, with an initial investment of $100 billion, potentially growing to $500 billion over the next four years. The project aims to build new AI infrastructure across the United States, starting with a massive data center in Texas. Key Players OpenAI: Operational responsibility SoftBank: Financial responsibility, led by CEO Masayoshi Son Oracle: Technology partner, led by co-founder Larry Ellison Microsoft: Tech partner Nvidia: Tech partner MGX: Equity investor Objectives Build AI Infrastructure: The project will focus on constructing large- scale data centers to support advanced AI technologies. Create Jobs: The initiative is expected to create hundreds of thousands of jobs in the United States. Secure American Leadership in AI: The infrastructure will help maintain and enhance the U.S.’s position as a leader in AI technology. Support National Security: The project aims to provide strategic capabilities to protect national security and that of U.S. allies. See also Is the Fed Trapped? The Looming Breakdown of Monetary Commitments and the Future of the Dollar. Initial Investment and Expansion Initial Investment: $100 billion Projected Total Investment: Up to $500 billion over four years First Phase: Construction of a massive data center in Texas Future Expansion: Plans to expand to other states across the U.S. Technology Partners Arm: Technology partner Microsoft: Tech partner, with ongoing collaboration with OpenAI Nvidia: Tech partner, with a long-standing collaboration with OpenAI Oracle: Tech partner, with a newer partnership with OpenAI See also NVIDIA faces major reversal; bearish RSI divergence signals upcoming breakdown and crash. Leadership Chairman: Masayoshi Son (SoftBank) Operational Responsibility: Sam Altman (OpenAI) Economic Impact The project is expected to support the re-industrialization of the United States and generate significant economic benefits. It will also provide a strategic capability to protect national security. Timeline Announcement Date: January 21, 2025 Initial Deployment: $100 billion immediately Full Deployment: Up to $500 billion over four years Additional Information Location: The first data center is under construction in Texas. Job Creation: The project is expected to create hundreds of thousands of jobs. Collaboration: OpenAI, Oracle, and Nvidia will closely collaborate to build and operate the computing system. Poster Comment: Trump orders Chief of Staff Susie Wiles to get to bottom of drones https://citizenwatchreport.com/trump-orders-chief-of-staff-susie-wiles-to-get-to- bottom-of-drones/ Post Comment Private Reply Ignore Thread
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