OpenAI and SoftBank (SFTBF) have reportedly pulled back on their ambitious $500 billion Stargate project. The decision comes amid delays in securing any major data center deals, putting the future of one of the tech world’s most high-profile projects in doubt.
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Stargate Project Narrows to One Site by End of Year
In January 2025, President Trump announced the Stargate project alongside OpenAI, Oracle (ORCL), and SoftBank, with a goal to boost U.S. AI infrastructure. The project began with a $100 billion investment and aims to grow to $500 billion over the next four years.
However, the companies are now targeting a more modest goal of building just a single data center in Ohio by the end of the year. According to sources familiar with the matter, SoftBank’s Masayoshi Son and OpenAI’s Sam Altman have disagreed on key aspects of the Stargate deal, including the location of the site.
The sluggish launch of Stargate is a setback for Son, who is eyeing a key spot in the AI world with his massive investments. Despite the slow start, Son remains optimistic about OpenAI and has reportedly expressed interest in increasing his investment in the company.
Meanwhile, OpenAI has reportedly agreed to lease around 4.5 gigawatts of data center capacity from Oracle in the U.S. as part of the Stargate project. As part of this, Oracle plans to build multiple data centers across the country, with potential sites in Texas, Michigan, Wisconsin, Wyoming, New Mexico, Georgia, Ohio, and Pennsylvania.
Which Stargate Stock Has the Most Upside Potential?
Turning to Wall Street, SFTBF stock carries a Strong Buy rating from analysts as compared to a Moderate Buy consensus for ORCL stock. However, both stocks suggest more than 2% downside from current prices.
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![The Next Big ‘Magic: The Gathering’ Set Is a Multiverse Adventure
Magic: The Gathering will continue expanding this year—both for fans of its crossover sets, and those all in on the primary game. At Friday’s Magic Con, Wizards of the Coast announced several new sets, with the main course being Reality Fracture. Releasing in October, the set will wrap up the game’s current arc wherein Planeswalker Jace has created an alternate universe so he can undo damage previously caused by the Phyrexians and Eldrazi. The Echoverse introduces new versions of popular Magic characters, like Chandra having ice magic rather than her usual fire. Fracture’s creative and narrative lead Meris Mullaley told Polygon the new versions of Chandra and other mainstays like Ajani and Garruk are born from Jace’s goal to make “the perfect multiverse, [which] comes with some of his own biases. Chandra’s impulsiveness was something he bumped up against a lot. Where did that come from, what in her life shaped her to be that way? As Jace is crafting his multiverse, he’s like, ‘What if her dad didn’t die? What if he and Chandra were helping run Avishkar?’” On the crossover front, Wizards is going back to Middle-earth with a Hobbit set for Magic: The Gathering. Following the Lord of the Rings set from 2023, the characters and locations of J.R.R. Tolkien’s prequel will get their own cards, with legacy characters like Gandalf and Bilbo receiving updates. If that weren’t enough, some cards have artwork similar to book covers, and others are done in the dwarven language. Wizards of the Coast will bring The Hobbit to Magic: The Gathering on August 14, and Reality Fracture will hit stores on October 2. You can read about Wizards’ upcoming, fully new game Mood Swings here. Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Big #Magic #Gathering #Set #Multiverse #AdventureMagic: The Gathering,The Hobbit,Wizards of the Coast The Next Big ‘Magic: The Gathering’ Set Is a Multiverse Adventure
Magic: The Gathering will continue expanding this year—both for fans of its crossover sets, and those all in on the primary game. At Friday’s Magic Con, Wizards of the Coast announced several new sets, with the main course being Reality Fracture. Releasing in October, the set will wrap up the game’s current arc wherein Planeswalker Jace has created an alternate universe so he can undo damage previously caused by the Phyrexians and Eldrazi. The Echoverse introduces new versions of popular Magic characters, like Chandra having ice magic rather than her usual fire. Fracture’s creative and narrative lead Meris Mullaley told Polygon the new versions of Chandra and other mainstays like Ajani and Garruk are born from Jace’s goal to make “the perfect multiverse, [which] comes with some of his own biases. Chandra’s impulsiveness was something he bumped up against a lot. Where did that come from, what in her life shaped her to be that way? As Jace is crafting his multiverse, he’s like, ‘What if her dad didn’t die? What if he and Chandra were helping run Avishkar?’” On the crossover front, Wizards is going back to Middle-earth with a Hobbit set for Magic: The Gathering. Following the Lord of the Rings set from 2023, the characters and locations of J.R.R. Tolkien’s prequel will get their own cards, with legacy characters like Gandalf and Bilbo receiving updates. If that weren’t enough, some cards have artwork similar to book covers, and others are done in the dwarven language. Wizards of the Coast will bring The Hobbit to Magic: The Gathering on August 14, and Reality Fracture will hit stores on October 2. You can read about Wizards’ upcoming, fully new game Mood Swings here. Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who. #Big #Magic #Gathering #Set #Multiverse #AdventureMagic: The Gathering,The Hobbit,Wizards of the Coast](https://gizmodo.com/app/uploads/2026/05/magic-gathering-reality-1280x853.jpg)
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