
U.S. President Donald Trump has announced a private investment of up to $500 billion to strengthen the country's artificial intelligence (AI) infrastructure. The project will be led by the joint venture Stargate, formed by OpenAI, Oracle, and SoftBank, headquartered in Texas.
The initiative aims to build colossal data centers and other essential infrastructure, such as chip manufacturing, electricity generation, and water resources, to meet the growing demand for AI. Initially, each company will contribute $100 billion, with total investments potentially reaching $500 billion over four years.
Trump emphasized that this marks the largest AI infrastructure project in history, promising to create 100,000 jobs in the U.S. He also pledged to facilitate the project's implementation through emergency orders.
Industry leaders, including Larry Ellison (Oracle), Masayoshi Son (SoftBank), and Sam Altman (OpenAI), participated in the announcement at the White House. OpenAI revealed that MGX is also among the investors and that companies such as Nvidia, Arm, Microsoft, and Oracle will serve as technology partners.
Beyond advancing AI, the initiative strengthens the U.S. position in the global technology race, particularly against China. Construction of the first data center is already underway in Texas, with additional locations being considered for future expansions.
During the announcement, Trump highlighted the need for energy infrastructure to support AI growth, stating:
"They need to produce a lot of electricity, and we will make it very easy for them to generate that power in their own facilities if they choose to."
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