Trump announced the $500 billion Stargate project aimed at advancing AI development in the U.S.

OpenAI, SoftBank, and Oracle are joining forces to significantly expand artificial intelligence infrastructure in the United States. This initiative is expected to generate 100,000 jobs and will receive an immediate investment of $100 billion from SoftBank.

https://unn.ua/ru/news/tramp-anonsiroval-proekt-stargate-na-dollar500-mlrd-dlya-razvitiya-ii-v-ssha2025-01-22 09:26:22

U.S. President Donald Trump has announced the Stargate initiative - a collaborative project involving OpenAI, SoftBank, and Oracle, aimed at investing up to $500 billion in the development of artificial intelligence infrastructure in the United States. This was reported by UNN citing CNN, Associated Press, and the broadcast of Trump's speech on the official YouTube channel of the White House.

Details

Trump spoke alongside tech leaders, including SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle co-founder Larry Ellison.

According to Trump, the project will create 100,000 new jobs. In the initial phase, efforts will focus on energy infrastructure.

The tech leaders emphasized that healthcare is one of the most promising areas for AI application, particularly in providing patients from remote regions access to leading oncology experts in major medical centers.

As noted by Oracle co-founder Larry Ellison, new data centers are already under construction in Texas, with more such facilities expected to emerge soon.

The CEO of SoftBank stated that the company will immediately invest $100 billion into this project.

It was highlighted that Sam Altman from OpenAI expressed satisfaction that the development of AI will be concentrated in the U.S.

CNN reports that AI leaders have been sounding the alarm for several months about the need for more data centers, as well as chips, electricity, and water resources to support their ambitions in the field of artificial intelligence in the coming years.

Previously, he urged U.S. officials to assist in creating this infrastructure to ensure that the United States stays ahead of China in the AI arms race, considering that AI is poised to impact everything from the economy to military capabilities.

According to CNN, Oracle is among the largest data center operators in the U.S. Meanwhile, SoftBank has the deep pockets necessary to fund the expansion of AI infrastructure, which is expected to cost billions of dollars.

Reminder

Donald Trump is considering appointing a federal AI policy coordinator. Elon Musk and Vivek Ramaswamy will have influence over the selection of candidates for this position.