Overview
- Announced in January by President Trump alongside Sam Altman, Masayoshi Son and Larry Ellison, Stargate pledged $500 billion to build 10 GW of AI infrastructure and create more than 100,000 U.S. jobs
- After six months with no major joint agreements, the venture has halted its initial $100 billion immediate deployment plan
- Clashes over governance and site selection have stalled collective progress, prompting OpenAI to pursue independent infrastructure deals
- OpenAI’s standalone agreements—a $30 billion-per-year cloud capacity contract with Oracle and a $4 billion partnership with CoreWeave—push its under-development capacity past 5 GW and support over two million AI processors
- Both partners continue to affirm a shared 10 GW target despite Tesla CEO Elon Musk’s public doubts about the project’s financial backing