Project Stargate ($500B, 10 GW)
artifactAI & Compute · Darknet & Cyber
A $500 billion AI project is buying up enough energy and computing power to rival a small nation-state.
Who they are
Project Stargate, a joint venture of OpenAI, SoftBank, Oracle, and UAE's MGX targeting 10 gigawatts of capacity.
What they do
A massive AI compute buildout the engine likens to a 'Manhattan Project' for computing power.
How it works
It spans huge sites including Abilene TX, Piketon OH (a former uranium-enrichment site with a reported $33B natural gas plant), Lordstown OH, sites in TX/NM, and a 500MW hub in Argentina; Oracle manages the infrastructure, and Nvidia was reportedly in talks for a ~$250B backstop to help OpenAI lease a 10-GW data center at Piketon.
Why it matters
It means that when a figure like Ellison advises the President on tech policy, he's effectively negotiating on behalf of an entity controlling the energy and compute resources of a small country, concentrating enormous power in private hands.
The engine's record — word for word
Joint venture: OpenAI + SoftBank + Oracle + UAE MGX. Target 10 GW total capacity (7.5M homes equivalent). Nodes: Abilene TX 1.2GW (Crusoe Energy), Piketon OH 9.2GW + 800MW ($33B natural gas plant = 9 nuclear reactors), Lordstown OH 1.5GW, Shackelford TX/Doña Ana NM 5.5GW, Stargate Argentina (Patagonia) 500MW ($25B Latin American sovereign AI hub). Manhattan Project for compute power. Oracle manages infrastructure. When Ellison advises the President on tech policy, he negotiates on behalf of an entity controlling the energy and compute resources of a small nation-state. [Live pass Jul 27 2026] [Single-source WSJ] Nvidia in talks for a ~$250B backstop for OpenAI to lease a 10-GW datacenter (SoftBank/SB Energy) at Piketon, Ohio — a former uranium-enrichment site — extending the compute-buildout footprint.
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