$52.0B — OpenAI and SoftBank each committed $19B (40% ownership each); Oracle and MGX each contributed $7B; sum $52B initial JV capital
$52.0B — OpenAI and SoftBank each committed $19B (40% ownership each); Oracle and MGX each contributed $7B; sum $52B initial JV capital
the working
Basis
$52.0B — OpenAI and SoftBank each committed $19B (40% ownership each); Oracle and MGX each contributed $7B; sum $52B initial JV capital
Hypothesized recipients 3
- Stargate → Bloom Energyhypothesis
Oracle agreed to purchase up to 2.45GW of Bloom solid-oxide fuel cells for the New Mexico Stargate/Project Jupiter site; no dollar figure disclosed, and the project is reportedly stalled after New Mexico's State Land Office denied a needed gas-pipeline application.
- Stargate → Foxconnhypothesis
$375.0M — Foxconn sold its 6.2M sq ft former Lordstown Assembly plant to a SoftBank-affiliated buyer ('Crescent Dune LLC') for $375M, then leases it back to manufacture Stargate data center equipment; Shimizu North America LLC is the contractor starting construction there.
- Stargate → Shimizu North America LLChypothesis
Contractor starting construction at the Lordstown, Ohio Stargate equipment-manufacturing site.
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