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The Latest Breaking News from Stargate

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Tom’s Hardware

SoftBank Stock Surges 10% After Exec Teases $12 Billion OpenAI Windfall — But $500 Billion 'Stargate' AI Project Pitched To Trump Hits Snags

SoftBank Group Corp. (OTC:SFTBY) (OTC:SFTBF) shares surged 10.47% to JPY 13,875 ($94.11) on Friday on the Tokyo exchange following the company’s first quarter of 2026 earnings call, where executives highlighted massive gains from artificial intelligence investments while acknowledging delays in the ambitious Stargate data center project.

Benzinga

OpenAI follows Elon Musk’s lead — gas turbines to be deployed at its first Stargate site for additional power

Each gas turbine delivers 34MW, with the 29 units delivering almost 1GW.

Tom’s Hardware

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Elon Musk 6 Months Ago Said SoftBank Doesn't Have The Money To Power $500 Billion Stargate Project — Now OpenAI Says 5GW With Oracle Will 'Exceed' The 'Initial' Commitment Made With Trump

Oracle Corporation (NYSE:ORCL) has partnered with OpenAI to expand the Stargate data center capacity in the U.S. by 4.5 gigawatts. This strategic investment aims to bolster the U.S.’s AI leadership and foster industrial growth.

Benzinga

OpenAI and Oracle ink deal to build massive Stargate data center, total project will power 2 million AI chips — Stargate partner SoftBank not involved in the project

OpenAI and Oracle plan to add 4.5 GW of U.S. data center power for the Stargate project, boosting total capacity past 5 GW to support millions of AI processors.

Tom’s Hardware

OpenAI's skyrocketing spending could see billions of dollars in silicon headed down the AI mines in the next few years, including 2 million Nvidia chips headed to Texas Stargate facility

That's a lot of graphics cards.

PC Gamer

Oracle Stock Falls Despite Big Stargate Data Center Deal With OpenAI

OpenAI will develop 4.5 gigawatts of data center capacity on Oracle's cloud.

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Oracle Stock Gains As $30 Billion AI Cloud Deals Mark 'Pivotal Moment' In Race Against Rivals — Jefferies Calls It A Hyperscale Leap Amid Trump-Backed Stargate Push

Oracle Corp.’s (NYSE:ORCL) cloud-services agreements have positioned the company as a leading force in the hyperscale cloud industry, according to analysts. The deals, which could add over $30 billion in yearly revenue by 2028, have sparked optimism about Oracle’s long-term growth prospects.

Benzinga

In Abilene, Stargate Project Puts AI Boom Ahead of Human Health

The first data center for a $500-billion artificial intelligence project arrives in small-town Texas, alongside a potentially harmful natural gas plant.

Texas Observer

Oracle has reportedly placed an order for $40 billion in Nvidia AI GPUs for a new OpenAI data center

Oracle aims to deploy 400,000 Nvidia GB200 AI chips at a Texas data center to support the U.S. Stargate Project.

Tom’s Hardware

Japan's SoftBank Posts $7.8 Bn Annual Net Profit

Japanese tech investor SoftBank Group, a major player in the US Stargate artificial intelligence drive, on Tuesday posted a bumper full-year net profit of $7.8 billion.

International Business Times

SoftBank could steal Microsoft's title as the exclusive cloud provider and largest investor to OpenAI as $500B "Stargate" projects a $20B loss by 2027

A report suggests a rift between Microsoft and OpenAI, further indicating that the latter may be drifting away from Microsoft and leaning on SoftBank.

Windows Central

OpenAI Eyes 16 States For Massive Data Centers Tied To Trump's Stargate AI Project

OpenAI plans to build more data centers in states like Arizona, California, Florida, Louisiana, Maryland, Nevada, New York, Ohio, Oregon, Pennsylvania, Utah, Texas, Virginia, Washington, Wisconsin, and West Virginia.

International Business Times

Sam Altman admits OpenAI has been on "the wrong side of history," citing a dire need for a different open-source strategy: "Not everyone at OpenAI shares this view, and it's also not our current highest priority"

OpenAI recently held an Ask Me Anything (AMA) session on Reddit, addressing important issues, including its $500 billion bet on Stargate, AGI, cost-effective competition from DeepSeek, and open-source strategy.

Windows Central

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Windows Central

Microsoft CFO urges employees to "focus" amid recent AI developments like OpenAI's $500 billion Stargate project — but Satya Nadella says DeepSeek is good for business

Amy Hood urged employees to remain focused and build toward the company's AI goals, while CEO Satya Nadella says DeepSeek is good for business.

MarketBeat

How the $500 Billion Stargate Investment Can Boost These Stocks

A new $500 billion investment going into the world of A.I. and data centers, named the Stargate project, is going to boost a select list of stocks.

Fortune

President Trump shrugs off Elon Musk’s criticism of $500 billion Stargate plan: 'He hates one of the people'

Musk’s shots at Stargate are the latest development in a yearslong feud with OpenAI CEO Sam Altman.

Top News

AI Data Centers Expanding Rapidly With Stargate Supercomputer Project

Learn about the Stargate AI super-computer project by Microsoft and OpenAI, facing challenges like nuclear waste management and legal disputes.

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