The Stargate Project, an AI initiative announced by former President Trump in January, is expected to require 64,000 Nvidia (NASDAQ:NVDA) GB200 GPUs by 2026, Bloomberg reported.
The project, led by OpenAI, Oracle (NYSE:ORCL), and SoftBank (SFTBY), will receive an initial batch of 16,000 GPUs by this summer, with the rest arriving by next year, the report added, citing a source familiar with the details. The GPU demand is reportedly for just one data center and a single customer, highlighting the scale of the initiative. OpenAI, SoftBank, Oracle, and Nvidia did not immediately comment on the report.
The Stargate Project, backed by Microsoft (NASDAQ:MSFT) and Arm (NASDAQ:ARM), aims to deploy $100 billion initially, with a $500 billion total investment over four years. The first data center buildout has begun in Texas, with up to 10 sites planned across the U.S.
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