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

Elon Musk and Sam Altman publicly dispute the feasibility of 'Stargate,' a $500 billion AI infrastructure project in the US. Musk claims the necessary capital isn't available, while Altman defends the project's viability.

The top tech companies Tuesday announced that they will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States. OpenAI CEO Sam Altman has shown support for Donald Trump,

Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.

Shares of Nvidia (NASDAQ:NVDA) are jumping over 4% in morning trading after President Trump announced a $500 billion artificial intelligence infrastructure plan yesterday. As a key architect in existing AI infrastructure,

The Stargate project represents a bold step toward reshaping America’s AI future. Despite criticism and scepticism from industry leaders like Elon Musk, proponents such as Sam Altman remain confident in its transformative potential.

OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.

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

The new president needs the tech industry more than it needs him.

Elon Musk doesn’t miss an opportunity to take a dig at OpenAI — even when the news item in question is supposed to be favorable to President Trump. Just a few hours after yesterday’s White House presser on The Stargate Project wrapped up, Musk posted on X that “they don’t actually have the money.”