# @forbes on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DPUDZEfDbmu
- **Gondola URL:** https://gondola.cc/posts/35158800-forbes-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/1a8710c1ab.jpg
- **Posted:** 2025-10-02T16:20:11.000+00:00
- **Account Owner:** Forbes (@Forbes) — https://gondola.cc/Forbes

## Caption

Shares of South Korean billionaire Jay Y. Lee’s Samsung Electronics and billionaire Chey Tae-won’s SK Hynix surged to record levels after the companies joined forces with OpenAI to help with the American AI titan’s Stargate data center project.⁣
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#OpenAI, run by billionaire Sam Altman, unveiled Wednesday a raft of strategic partnerships with Samsung Group, SK Group and South Korea’s Ministry of Science and ICT to support the Stargate initiative, a $500 billion project to develop AI data center infrastructure for OpenAI. ⁣
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Since launching in January, #Stargate has already onboarded the likes of billionaire Jensen Huang’s Nvidia, software giant Oracle and SoftBank-backed chip design company Arm.⁣
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Learn more at the link in our bio. (Photo: Justin Sullivan via Getty Images)

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## Tags

openai, stargate

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