President Donald Trump announced investments worth up to $500 billion for infrastructure tied to artifical intelligence on Tuesday, and followed with an open discussion while taking questions on J6 pardoning, mismanagement of Los Angeles wildfires and urban fires, TikTok ownership, Gaza hostages, the Russia-Ukraine conflict, the revocation of John Bolton’s security clearance, and tariffs (LiveNOW from Fox). YouTube Tips ⓘ
The Stargate Project, which was formally announced on January 21, 2025 by President Donald Trump, is an American artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle and investment firm MGX. The Stargate Project venture involves investments up to $500 billion in AI infrastructure in the United States by 2029, that is reportedly not funded by United States taxpayers. The project was initially planned planned in 2022, but the “Stargate” term dates back to 2024, when OpenAI and Microsoft started developing a $100 billion AI supercomputer.
SoftBank’s CEO Masayoshi Son will be the venture’s chairman.
The Stargate Project was announced at a White House press conference on January 21, 2025, by President Donald Trump, along with Sam Altman from OpenAI, Larry Ellison from Oracle and Masayoshi Son from SoftBank.
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