President Trump announced a multi-billion-dollar private sector investment to develop artificial intelligence infrastructure in the U.S. The president revealed a new joint venture called Stargate involving OpenAI, SoftBank, and Oracle. The initiative aims to build ten data centers in Texas and expand nationwide. SoftBank CEO Masayoshi Son, OpenAI's Sam Altman, and Oracle's Larry Ellison confirmed the companies’ commitment to invest $500 billion over four years. Altman described the project as the most important of this era.
