Stargate Project AI News & Updates

OpenAI Secures Massive Memory Chip Supply Deal with Samsung and SK Hynix for Stargate AI Infrastructure

OpenAI has signed agreements with Samsung Electronics and SK Hynix to produce high-bandwidth memory DRAM chips for its Stargate AI infrastructure project, scaling to 900,000 chips monthly—more than double current industry capacity. The deals are part of OpenAI's broader efforts to secure compute capacity, following recent agreements with Nvidia, Oracle, and SoftBank totaling hundreds of billions in investments. OpenAI also plans to build multiple AI data centers in South Korea with these partners.

OpenAI Expands Stargate Project with Five New AI Data Centers Across US

OpenAI announced plans to build five new AI data centers across the United States through partnerships with Oracle and SoftBank as part of its Stargate project. The expansion will bring total planned capacity to seven gigawatts, enough to power over five million homes, supported by a $100 billion investment from Nvidia for AI processors and infrastructure.

OpenAI Secures Historic $40 Billion Funding Round at $300 Billion Valuation

OpenAI has closed one of the largest private funding rounds in history, raising $40 billion at a $300 billion post-money valuation, led by SoftBank with participation from Microsoft and other previous investors. According to reports, approximately $18 billion will fund OpenAI's ambitious Stargate infrastructure project to establish a network of AI data centers across the United States.

Microsoft Reduces Data Center Footprint Amid Industry Expansion

Microsoft has canceled leases totaling approximately two data centers' worth of capacity with multiple providers. This contraction stands in contrast to significant industry expansion, including the $500 billion Stargate project by OpenAI, Oracle, and SoftBank, and raises questions about Microsoft's expectations for future AI demand.