President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.

WASHINGTON — President Trump unveiled a $500 billion artificial intelligence infrastructure project Tuesday at the White House alongside reps from three tech and investment giants — with those business leaders asserting the initiative could cure cancer.

On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015, when he was convicted of multiple charges, including the distribution of narcotics.

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.

Recently appointed president Trump has announced a significant private sector investment to develop OpenAI's infrastructure.

OpenAI has published a 'blueprint' for AI economic development and regulation in the U.S. that it argues would ensure the U.S.' technological dominance.

The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump's new administration.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president.

The new order sets out to track down and review “all policies, directives, regulations, orders, and other actions taken” as a result of former President Joe Biden’s sweeping AI executive order of

Trump then went on to criticize the nation’s electric grid, calling it old while noting that he would allow the tech companies to rely on any fuel that they want to run the plants. And if the energy plants fail, Trump claimed the country could return to “good clean coal.”