Trump Unveils $500 Billion AI Infrastructure Initiative with Oracle, OpenAI, and Softbank
Key Points:
President Donald Trump, alongside key industry leaders, unveiled "Stargate," a groundbreaking $500 billion artificial intelligence (AI) infrastructure initiative. The announcement was made Tuesday at the White House, with participation from OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison, and Softbank CEO Masayoshi Son.
The Stargate project aims to position the U.S. as a global leader in AI, with an initial $100 billion investment and a commitment of up to $500 billion over four years. The first phase, already underway, includes building advanced data centers in Texas to support AI development and national security objectives.
“We want to keep AI innovation in this country,” Trump said, emphasizing competition with China in the burgeoning AI industry. OpenAI highlighted that Stargate will contribute to U.S. re-industrialization while enhancing strategic defense capabilities for America and its allies.
Softbank’s Masayoshi Son, who had previously pledged $100 billion for U.S. AI investment, joked about Trump's ability to negotiate higher commitments. “I came back with $500 billion,” Son remarked during the announcement.
In addition to the major funding commitment, the Stargate venture will feature technology contributions from Microsoft, NVIDIA, Arm, and Oracle, with Softbank taking a leadership role. Trump clarified that the $500 billion investment is separate from Son’s prior pledge, marking Stargate as a monumental step in securing U.S. dominance in AI technology.
Key Points:
- President Trump announced a $500 billion joint venture, "Stargate," with OpenAI, Oracle, and Softbank to advance AI infrastructure in the U.S.
- The initiative will kick off with data center construction in Texas and aims to strengthen national security and re-industrialize America.
- Key technology partners include NVIDIA, Microsoft, Arm, Oracle, and OpenAI, with Softbank CEO Masayoshi Son serving as Stargate's chairman.
President Donald Trump, alongside key industry leaders, unveiled "Stargate," a groundbreaking $500 billion artificial intelligence (AI) infrastructure initiative. The announcement was made Tuesday at the White House, with participation from OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison, and Softbank CEO Masayoshi Son.
The Stargate project aims to position the U.S. as a global leader in AI, with an initial $100 billion investment and a commitment of up to $500 billion over four years. The first phase, already underway, includes building advanced data centers in Texas to support AI development and national security objectives.
“We want to keep AI innovation in this country,” Trump said, emphasizing competition with China in the burgeoning AI industry. OpenAI highlighted that Stargate will contribute to U.S. re-industrialization while enhancing strategic defense capabilities for America and its allies.
Softbank’s Masayoshi Son, who had previously pledged $100 billion for U.S. AI investment, joked about Trump's ability to negotiate higher commitments. “I came back with $500 billion,” Son remarked during the announcement.
In addition to the major funding commitment, the Stargate venture will feature technology contributions from Microsoft, NVIDIA, Arm, and Oracle, with Softbank taking a leadership role. Trump clarified that the $500 billion investment is separate from Son’s prior pledge, marking Stargate as a monumental step in securing U.S. dominance in AI technology.
