announced

Stargate Project launch (OpenAI, SoftBank, Oracle, MGX)

OpenAI announced Stargate, a new company to invest $500 billion over four years in US AI infrastructure for OpenAI, with $100 billion deployed immediately. SoftBank, OpenAI, Oracle and MGX are the initial equity funders, and construction was already under way in Texas.

Value
$500B1
Capacity
n/d
Term
4yrs
Accelerators
n/d

What the value means

Planned investment of $500 billion over four years; $100 billion to be deployed immediately. A plan, not a contracted payment.

The record

Verified 9 Nov 2026
Announced
Buyer
OpenAI
Seller / provider
Stargate LLC (SoftBank, OpenAI, Oracle, MGX)
ValueHeadline dollar value exactly as stated in the cited source.
500,000,000,000 USD
Capacity
Not disclosed
Accelerators
Not disclosed
Chips
NVIDIA
Term
4 years
StatusLOI, plan or press report
announced
Other parties
Technology partners: Arm, Microsoft, NVIDIA, Oracle, OpenAI
Deal type
datacenter-buildout, joint-venture

Sources

2
  1. Announcing The Stargate Project (OpenAI) read 2026-11-09
  2. Announcement of The Stargate Project (SoftBank Group) read 2026-11-09

Cite this deal

AI Compute Deals, “Stargate Project launch (OpenAI, SoftBank, Oracle, MGX)”, https://aicomputedeals.com/stargate-project-launch-2025-01/ (verified 2026-11-09).

Data under CC BY 4.0. Download the full ledger.

Every deal for OpenAI and Stargate.