- Bay Area Times
- Posts
- OpenAI, SoftBank, Oracle team up for $500B Stargate data center project
OpenAI, SoftBank, Oracle team up for $500B Stargate data center project

Top stories today:
- OpenAI, SoftBank, Oracle team up for $500B data center project
- Trump says open to Elon Musk, Larry Ellison purchasing TikTok in U.S.
- Google said to invest additional $1B in Anthropic to boost AI’s presence
- Netflix’s Q4 revenue +16% YoY to $10.25B, net income +99% to $1.87B
- China stocks hit by Trump’s 10% tariff threat
- Longevity Biotech Fellowship announces cohort 6
0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.
Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. OpenAI, SoftBank, Oracle team up for $500B Stargate data center project

$100B will be deployed now, with $400B invested over four years.
Large data center in Texas: 1st project.
Aimed at building “AI infrastructure for OpenAI” in the U.S.
SoftBank CEO Masayoshi Son will be the project’s chair.
Elf Labs isn’t your regular startup. This powerhouse in the making has over 100 historic trademark victories, including Cinderella, Snow White, and The Little Mermaid. The same legendary characters that generated over $46 billion for Disney. Now Elf Labs is scaling their iconic portfolio.
Think AI-powered toys, revolutionary headset-free VR, and 6 new franchises spanning 30+ markets. They’re not just tapping into the $350B merchandise market. They’re redefining the entire $2 trillion media market—with multiple verticals & announcements on the horizon.
This is your chance to get in before the partnerships and headlines hit. Plus, your 15% bonus shares ends tonight! Don’t let this limited opportunity pass you by.
* Disclosure: This is a paid advertisement for Elf Labs’ Regulation CF offering. Please read the offering circular at elflabs.com
3. Trump says open to Elon Musk, Larry Ellison purchasing TikTok in U.S.

“[W]hat I’m thinking about saying to somebody is buy it and give half” to the U.S., Trump said at the White House.
Jan. 20: Trump delayed TikTok’s ban or sale by 75 days with an executive order.
ByteDance has so far refused to sell TikTok but may reconsider due to ongoing challenges.
MrBeast on Tue. joined Jesse Tinsley's group bidding for TikTok.
Billionaire Frank McCourt and Kevin O’Leary also formally bid for TikTok this month.
Amazon and Oracle have also been floated as possible suitors.
4. Google said to invest additional $1B in Anthropic to boost AI’s presence
