The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

President Trump and a host of tech leaders (Softbank's Masayoshi Son, OpenAI's Sam Altman, and Oracle's Larry Ellison) teamed up to announce "Stargate" on Tuesday, an AI mega-project that includes a $500 billion investment in AI infrastructure to build data centers in the U.

OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.

The $500 billion Stargate artificial intelligence project was officially announced by President Donald Trump at a press conference yesterday. Standing

The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.

Donald Trump and three top tech firms announced on Tuesday that they would create a new company called Stargate to grow artificial intelligence infrastructure in the U.S. The President also said the three companies will collaborate and invest $500 billion in the AI infrastructure project.

OpenAI and SoftBank have both committed $19 billion each to the Stargate venture worth $500 billion to build AI data centres in the U.S.

At the White House on Tuesday, SoftBank CEO Masayoshi Son confidently predicted that “artificial superintelligence” will kick off America’s “golden age.” President Donald Trump beamed as Son, OpenAI’s Sam Altman and Oracle’s Larry Ellison announced a $500 billion investment in an American scheme to unlock the potential of super-powerful AI.

On his first full day in office, President Donald Trump announced a half-trillion-dollar AI initiative that will begin at Abilene's Lancium campus.

The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.