Close Menu
Technology Mag

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot
    Meta’s deepfake moderation isn’t good enough, says Oversight Board

    Meta’s deepfake moderation isn’t good enough, says Oversight Board

    March 10, 2026
    ‘Cash Apples’ is giving away 0,000 to people who click on trees in a web browser

    ‘Cash Apples’ is giving away $500,000 to people who click on trees in a web browser

    March 9, 2026
    You can get three months of Disney Plus and Hulu for  

    You can get three months of Disney Plus and Hulu for $15 

    March 9, 2026
    Facebook X (Twitter) Instagram
    Subscribe
    Technology Mag
    Facebook X (Twitter) Instagram YouTube
    • Home
    • News
    • Business
    • Games
    • Gear
    • Reviews
    • Science
    • Security
    • Trending
    • Press Release
    Technology Mag
    Home » OpenAI and Softbank are starting a $500 billion AI data center company
    News

    OpenAI and Softbank are starting a $500 billion AI data center company

    News RoomBy News RoomJanuary 21, 20251 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email
    OpenAI and Softbank are starting a 0 billion AI data center company

    A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project. Their companies, Softbank, OpenAI, and Oracle (respectively), along with MGX are listed as “initial equity funders” for $500 billion in investments over the next four years, “building new AI infrastructure for OpenAI in the United States.”

    According to a statement from OpenAI, “Arm, Microsoft, NVIDIA, Oracle, and OpenAI” are the initial tech partners, with a buildout “currently underway” starting in Texas as other sites across the country are evaluated. It also says that “Oracle, NVIDIA, and OpenAI will closely collaborate to build and operate this computing system.”

    Separately, Microsoft announced an update to its partnership with OpenAI, saying that the key elements of their deal remain in place through 2030, covering “our access to OpenAI’s IP, our revenue sharing arrangements and our exclusivity on OpenAI’s APIs all continuing forward.”

    In a press conference announcing the project, which has been rumored since early last year, Son and Altman spoke directly to Trump, insisting that the project only happened because of his election victory.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous ArticleNetflix is raising prices again, as the standard plan goes up to $17.99
    Next Article TikTok Is Already Back Online

    Related Posts

    Meta’s deepfake moderation isn’t good enough, says Oversight Board

    Meta’s deepfake moderation isn’t good enough, says Oversight Board

    March 10, 2026
    ‘Cash Apples’ is giving away 0,000 to people who click on trees in a web browser

    ‘Cash Apples’ is giving away $500,000 to people who click on trees in a web browser

    March 9, 2026
    You can get three months of Disney Plus and Hulu for  

    You can get three months of Disney Plus and Hulu for $15 

    March 9, 2026
    Bluesky CEO Jay Graber will step aside

    Bluesky CEO Jay Graber will step aside

    March 9, 2026
    Apple smart home display rumors now point to a fall launch with iOS 27

    Apple smart home display rumors now point to a fall launch with iOS 27

    March 9, 2026
    Everything from the last week of everything is gambling now

    Everything from the last week of everything is gambling now

    March 9, 2026
    Our Picks
    ‘Cash Apples’ is giving away 0,000 to people who click on trees in a web browser

    ‘Cash Apples’ is giving away $500,000 to people who click on trees in a web browser

    March 9, 2026
    You can get three months of Disney Plus and Hulu for  

    You can get three months of Disney Plus and Hulu for $15 

    March 9, 2026
    Bluesky CEO Jay Graber will step aside

    Bluesky CEO Jay Graber will step aside

    March 9, 2026
    The Apple Studio Display XDR is an excellent but expensive pro option

    The Apple Studio Display XDR is an excellent but expensive pro option

    March 9, 2026
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Apple smart home display rumors now point to a fall launch with iOS 27 News

    Apple smart home display rumors now point to a fall launch with iOS 27

    By News RoomMarch 9, 2026

    The rumored “HomePod with a screen” we’ve heard so much about was reportedly lined up…

    Apple’s new M5 Max feels like a huge upgrade if you bought your laptop three years ago

    Apple’s new M5 Max feels like a huge upgrade if you bought your laptop three years ago

    March 9, 2026
    Everything from the last week of everything is gambling now

    Everything from the last week of everything is gambling now

    March 9, 2026
    Employees across OpenAI and Google support Anthropic’s lawsuit against the Pentagon

    Employees across OpenAI and Google support Anthropic’s lawsuit against the Pentagon

    March 9, 2026
    Facebook X (Twitter) Instagram Pinterest
    • Privacy Policy
    • Terms of use
    • Advertise
    • Contact
    © 2026 Technology Mag. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.