SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
- The two companies will each own 40% of Stargate venture
- Questions persist over Trump’s signature US AI project
Donald Trump with Larry Ellison, Masayoshi Son, and Sam Altman at the White House on Jan. 21.
Photographer: Aaron Schwartz/Sipa/Bloomberg
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SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam Altman to colleagues.