{"id":253810,"date":"2025-05-23T13:55:12","date_gmt":"2025-05-23T13:55:12","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/finance\/tech-titans-unite-for-stargate-uae-in-ai-venture-nvidia-nasdaqnvda-cisco-systems-nasdaqcsco-softbank-group-otcsftbf-oracle-nyseorcl\/"},"modified":"2025-05-23T13:55:12","modified_gmt":"2025-05-23T13:55:12","slug":"tech-titans-unite-for-stargate-uae-in-ai-venture-nvidia-nasdaqnvda-cisco-systems-nasdaqcsco-softbank-group-otcsftbf-oracle-nyseorcl","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=253810","title":{"rendered":"Tech Titans Unite For Stargate UAE In AI Venture &#8211; NVIDIA (NASDAQ:NVDA), Cisco Systems (NASDAQ:CSCO), SoftBank Group (OTC:SFTBF), Oracle (NYSE:ORCL)"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/cdn.benzinga.com\/files\/images\/story\/2025\/05\/23\/AI3d-Graphics-Concept-Big-Data-Center-Fe.jpeg?optimize=medium&amp;dpr=1&amp;auto=webp&amp;height=675&amp;width=1200&amp;fit=crop\" \/><\/p>\n<div><!--$--><\/p>\n<p class=\"block core-block\"><strong>OpenAI<\/strong>,\u00a0<strong>Oracle Corp<\/strong> <span class=\"ticker\" data-ticker=\"ORCL\" data-exchange=\"NYSE\" style=\"display:inline-block\">ORCL<\/span>,\u00a0<strong>Nvidia\u00a0Corp<\/strong> <span class=\"ticker\" data-ticker=\"NVDA\" data-exchange=\"NASDAQ\" style=\"display:inline-block\">NVDA<\/span>, <strong>Cisco Systems, Inc<\/strong> <span class=\"ticker\" data-ticker=\"CSCO\" data-exchange=\"NASDAQ\" style=\"display:inline-block\">CSCO<\/span>, <strong>SoftBank Group<\/strong> <span class=\"ticker\" data-ticker=\"SFTBF\" data-exchange=\"OTC\" style=\"display:inline-block\">SFTBF<\/span> <span class=\"ticker\" data-ticker=\"SFTBY\" data-exchange=\"OTC\" style=\"display:inline-block\">SFTBY<\/span>, and <strong>Group 42 Holding<\/strong> announced their <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/topic\/project-stargate\" rel=\"noreferrer noopener\">partnership to build<\/a> Stargate UAE on Thursday.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE\u2013U.S. AI Campus <a target=\"_blank\" href=\"https:\/\/group.softbank\/en\/news\/press\/20250522\" rel=\"noreferrer noopener\">in Abu Dhabi<\/a>.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">G42 will build Stargate UAE, a 1-gigawatt compute cluster, and OpenAI and Oracle will operate it.<\/p>\n<p><!--\/$--><!--$--><!--$--><!--\/$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong><em>Also Read: <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/news\/earnings\/25\/05\/45389466\/softbank-books-3-6-billion-profit-on-arm-bytedance-gains-while-ai-bets-face-trade-policy-hurdles\" rel=\"noreferrer noopener\">SoftBank Books $3.6 Billion Profit On Arm, ByteDance Gains While AI Bets Face Trade Policy Hurdles<\/a><\/em><\/strong><\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The collaboration will also include Cisco, offering its zero-trust security and AI-ready connectivity, SoftBank Group, and Nvidia, which will supply the latest Nvidia Grace Blackwell GB300 systems.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The first 200-megawatt AI cluster will likely go live in 2026. Stargate UAE will accelerate scientific discovery and drive innovation across industries ranging from healthcare and energy to finance and transportation, fueling future economic growth and national development.<\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The full UAE\u2013U.S. AI infrastructure campus, which spans 10 square miles, is the largest such deployment outside the U.S. It will provide 5 gigawatts of AI data center capacity and regional compute resources.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The facility will be powered by nuclear, solar, and natural gas to minimize carbon emissions. It will also house a science park driving innovation, talent development, and sustainable compute infrastructure.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong>Jensen Huang<\/strong>, founder and CEO of Nvidia, said, \u201cAI is the most transformative force of our time. With Stargate UAE, we are building the AI infrastructure to power the country\u2019s bold vision \u2013 to empower its people, grow its economy, and shape its future.\u201d<\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong>Chuck Robbins<\/strong>, chair and CEO of Cisco, said, \u201cCisco is proud to join Stargate UAE to advance groundbreaking AI innovation in the UAE and around the world. By embedding our secure AI-optimized networking fabric for this international deployment, we\u2019re building smart, secure and energy-efficient networks that will turn intelligence into impact at global scale.\u201d<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">\u201cBy establishing the world\u2019s first Stargate outside of the U.S. in the UAE, we\u2019re transforming a bold vision into reality. This is the first major milestone in our OpenAI for Countries initiative, our effort to work with allies and partners to build AI infrastructure around the world. It\u2019s a step toward ensuring some of this era\u2019s most important breakthroughs, safer medicines, personalized learning, and modernized energy, can emerge from more places and benefit the world,\u201d <strong>Sam Altman,<\/strong> co-founder and CEO of OpenAI stated.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">A <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/media\/25\/04\/44873349\/openai-and-softbanks-stargate-considers-major-uk-investment-to-fuel-ai-growth\" rel=\"noreferrer noopener\">report in April<\/a> indicated that Stargate<strong>\u00a0<\/strong>is weighing a\u00a0future investment in\u00a0the U.K. to build the global infrastructure needed to support advanced artificial intelligence models.<\/p>\n<p><!--\/$--><!--$--><!--$--><!--\/$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The\u00a0OpenAI\u00a0and\u00a0SoftBank-backed AI infrastructure joint venture is raising $100 billion in investment in AI infrastructure projects, which could reach $500 billion over the next four years.\u00a0<\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong>Read Next:<\/strong><\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><em>Photo by Gorodenkoff via Shutterstock<\/em><\/p>\n<p><!--\/$--><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>OpenAI,\u00a0Oracle Corp ORCL,\u00a0Nvidia\u00a0Corp NVDA, Cisco Systems, Inc CSCO, SoftBank Group SFTBF SFTBY, and Group 42 Holding announced their partnership to build Stargate UAE on Thursday. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE\u2013U.S. AI Campus in Abu Dhabi. G42 will build Stargate UAE, a 1-gigawatt compute [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":253812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[93],"tags":[18641,3463,92152,37422,11050,92154,15247,92153,29543,26551,11355,5107,44536,16771,26427,17993],"dealstore":[],"offerexpiration":[],"class_list":["post-253810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-cisco","tag-group","tag-nasdaqcsco","tag-nasdaqnvda","tag-nvidia","tag-nyseorcl","tag-oracle","tag-otcsftbf","tag-softbank","tag-stargate","tag-systems","tag-tech","tag-titans","tag-uae","tag-unite","tag-venture"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tech Titans Unite For Stargate UAE In AI Venture - NVIDIA (NASDAQ:NVDA), Cisco Systems (NASDAQ:CSCO), SoftBank Group (OTC:SFTBF), Oracle (NYSE:ORCL) - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=253810\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tech Titans Unite For Stargate UAE In AI Venture - NVIDIA (NASDAQ:NVDA), Cisco Systems (NASDAQ:CSCO), SoftBank Group (OTC:SFTBF), Oracle (NYSE:ORCL) - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"OpenAI,\u00a0Oracle Corp ORCL,\u00a0Nvidia\u00a0Corp NVDA, Cisco Systems, Inc CSCO, SoftBank Group SFTBF SFTBY, and Group 42 Holding announced their partnership to build Stargate UAE on Thursday. Stargate UAE is a next-generation AI infrastructure cluster that will run in the newly established 5-gigawatt UAE\u2013U.S. AI Campus in Abu Dhabi. 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