Sou Hu Cai Jing·2026-02-25 08:26Core Insights - The "Stargate" project, initiated by former President Trump in January 2025, aimed to invest $500 billion in AI infrastructure and development over four years, involving OpenAI, SoftBank, Oracle, and the MXG sovereign fund [1][3] - As of February 2026, reports indicate that the project has not commenced, lacking personnel and data center construction [3][5] Financial Aspects - The initial investment of $45 billion was to be contributed by SoftBank and OpenAI ($19 billion each) and Oracle and MXG ($7 billion combined), with plans for additional funding to reach the total of $500 billion [3] - OpenAI is currently struggling with its business model and relies on external funding, making it unlikely to contribute significantly to the project [5] Organizational Challenges - There are significant disagreements among OpenAI, Oracle, and SoftBank regarding roles, responsibilities, and project structure, leading to delays and ultimately the project's stagnation [7] - The lack of a clear agreement on operational duties has hindered progress, resulting in the project being effectively abandoned [7]