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ScanTech exploring opportunities within Stargate AI Initiative

ScanTech (STAI) AI Systems is exploring opportunities within the Stargate AI Initiative, which was introduced by President Donald J. Trump on January 21, 2025. Stargate, a major public-private partnership between the federal government and industry equity partners, SoftBank, OpenAI, Oracle, and MGX, seeks to establish advanced data centers and to proliferate quantum computing infrastructure across the U.S. With an initial investment of $100 billion and plans to scale up to $500 billion over four years, the initiative is projected to create more than 100,000 American jobs and to drive a next-generation overhaul of critical AI infrastructure.

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