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President Trump Announces $500 Billion AI Investment with OpenAI, Oracle, and SoftBank
President Trump Announces $500 Billion AI Investment with OpenAI, Oracle, and SoftBank
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President Donald Trump, in collaboration with OpenAI, Oracle, and SoftBank, announced the formation of a new company named Stargate. This initiative aims to significantly enhance artificial intelligence infrastructure in the United States with a planned investment of $500 billion over the next four years. The announcement was made during a meeting at the White House with key figures from the partnering tech firms. Stargate is set to be the largest AI infrastructure project in history, focusing on building new AI infrastructure primarily for OpenAI.
