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.

Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.

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

President Donald Trump has announced several notable private sector investments into the U.S. tech sector in the wake of his electoral victory as he looks to tout economic momentum.

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the infrastructure needed for artificial intelligence (AI) development over his second

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.

The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to greatly expand artificial intelligence in the U.S.

Here are the top takeaways from Trump’s press conference. One of Trump’s first executive actions as the 47th president of the nation was to grant pardons and commutations to all of the defendants convicted over the Jan. 6 Capitol riot, sparking criticism from Democrats who denounced the move.