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Home Technology Artificial Intelligence
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President Trump to Announce Landmark $500 Billion AI Investment Initiative

byLuca Blaumann
January 21, 2025
in Artificial Intelligence, Large-Cap, Small-Cap
Reading Time: 2 mins read
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OpenAI, SoftBank, and Oracle partner in “Stargate” to build U.S. AI infrastructure

President Donald Trump is set to unveil a groundbreaking private sector initiative focused on advancing artificial intelligence infrastructure in the United States. The partnership, dubbed “Stargate,” brings together tech giants OpenAI, SoftBank, and Oracle in a joint venture to revolutionize the country’s AI capabilities.

According to sources, the companies plan an initial investment of $100 billion, with a commitment to expand funding up to $500 billion over the next four years. SoftBank CEO Masayoshi Son, OpenAI’s Sam Altman, and Oracle Chairman Larry Ellison are expected to make the announcement alongside President Trump at the White House on Tuesday.

Stargate’s first project will focus on developing a state-of-the-art data center in Texas, a cornerstone for the venture’s larger vision of nationwide AI infrastructure expansion. While details about the partnership remain limited, additional investors are anticipated to join the initiative, signaling potential for broader industry collaboration.

The ambitious investment highlights the growing significance of artificial intelligence in both technological innovation and economic strategy. By building robust AI infrastructure domestically, Stargate aims to position the United States as a global leader in AI development and deployment.

Spokespeople for SoftBank and OpenAI declined to comment, leaving key specifics about the venture undisclosed. However, the partnership underscores the private sector’s critical role in advancing national AI capabilities and fostering technological competitiveness on the world stage.

The announcement is expected to mark a significant milestone in the U.S.’s push for AI innovation, with potential implications for industries ranging from healthcare to defense. As the project takes shape, Stargate could serve as a transformative force in reshaping the AI landscape.

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