US President Donald Trump revealed plans for a $500 billion investment in artificial intelligence (AI) infrastructure, marking what he described as the largest AI infrastructure project in history.
The announcement came during a joint event at the White House with key technology leaders, including Sam Altman of OpenAI, Masayoshi Son of SoftBank, and Larry Ellison of Oracle.
The initiative, dubbed "Stargate," will begin with an initial investment of $100 billion, with plans to scale up to $500 billion in the coming years.
Trump emphasized the project's potential to create 100,000 new jobs in the United States and position the country as a global leader in AI innovation.
Stargate aims to establish a robust network of physical and virtual infrastructure, including state-of-the-art data centers across the nation.
Larry Ellison announced that the first of these data centers, a million-square-foot facility, is already under construction in Texas. The project also ties into advanced health initiatives, including leveraging AI for personalized cancer vaccines and other medical breakthroughs.
Oracle, one of the largest data center operators in the US, and SoftBank, a major financial player, are poised to drive the project's execution.
The collaboration underscores the importance of AI in shaping economic and military capabilities, with the U.S. seeking to maintain an edge over global competitors, particularly China.
Altman has previously advocated for federal support to build AI infrastructure, warning that delays could hinder the US's competitive advantage. The Stargate project aligns with these goals, offering a significant boost to domestic AI development and research.
Masayoshi Son, CEO of SoftBank, has also shown interest in semiconductor investments, an area critical for AI advancements. The partnership reflects a shared commitment to fostering innovation and ensuring the US leads in the AI race.
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