Project Stargate is an initiative that aims to develop and apply artificial intelligence (AI) technology across sectors, including scientific research, healthcare, and business operations. This project is backed by an investment of $500 billion, pledged by SoftBank, which has ultimate financial responsibility for the new company, and OpenAI takes operational responsibility. Abu Dhabi’s AI-focused state fund MGX and Oracle are also providing funding for the project, while SoftBank-owned Arm, Microsoft, and Nvidia will be technology partners.

By fostering innovation and encouraging the adoption of AI technologies, the initiative aims to…