Decarbonization
January 23, 2025
Disjointed energy policy: The Stargate Project threat
Written by Greg Wittbecker
On Jan. 21, the Trump administration announced The Stargate Project, a $100 billion investment to “building new AI infrastructure for OpenAI in the United States.” Eventually Stargate intends to inject $500 billion into the investment.
Initial equity funders in Stargate are SoftBank, OpenAI, Oracle and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility.
