Competitive race

Stargate launches with $500 billion AI infrastructure target

OpenAI, SoftBank, Oracle and MGX announced Stargate, intending to invest $500 billion over four years in US AI infrastructure, with $100 billion planned for immediate deployment.

CURRENT ASSESSMENT · REVISION 1
TOWARD DOOM78confidence 96/100

Why it moved the index

The project combines unprecedented disclosed capital, immediate construction and multiple frontier infrastructure suppliers, materially intensifying compute concentration and competitive acceleration. The figure is an intended multi-year investment rather than fully deployed capital.

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Assessment history

  1. R1
    Toward 78 · confidence 96

    New January 2025 frontier infrastructure venture with no durable collision.

    12 Aug 2026