OpenAI, Cisco Systems (NASDAQ:CSCO) , SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF) and G42 are collaborating to build Stargate UAE. In January, OpenAI CEO Sam Altman, SoftBank's CEO Masayoshi Son and Oracle's Co-Founder and Chairman Larry Ellison joined U.

It’s been three months since SoftBank’s Masayoshi Son and OpenAI co-founder Sam Altman promised during a White House briefing to swiftly deploy $100 billion, and raise that figure to $500 billion

Crusoe said that each of the facilities will support up to 50,000 Nvidia GB200 NVL72 units per building on a unified network fabric.

In a historic step forward for Artificial Intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco announced their partnership to build Stargate UAE. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE–US AI Campus in Abu Dhabi.

In a historic step forward for artificial intelligence and international collaboration, G42, OpenAI, Oracle, NVIDIA, SoftBank and Cisco announced their partnership to build Stargate UAE. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE–U.

OpenAI CEO Sam Altman confirmed he visited Stargate’s first data center site in Abilene, Texas, which is still moving forward and under development by Oracle.

UAE launches AI data center project with backing from Nvidia, OpenAI, Oracle, and Cisco – linking new campus to the Stargate initiative in the US.

The Japanese firm led Masayoshi Son is going all in on AI. Its bets on the technology could have a lasting impact on its billionaire founder's legacy.

Technology titans OpenAI, Oracle, Nvidia and Cisco have announced a groundbreaking collaboration that will see them establish a Stargate Artificial Intelligence (AI) campus in the United Arab Emirates (UAE). The news comes amid strong sentiment in the AI sector, with tokens like Bittensor (TAO) and Near Protocol (NEAR) extending gains on Thursday.

SoftBank’s $100 billion AI project with OpenAI has stalled due to US tariffs and economic uncertainty. Investors are holding back as building data centers is getting more expensive, and cheaper AI models enter the market. Open AI’s internal issues and slower data center growth from Microsoft and Amazon have hurt investor confidence.