Trump Announces $500 Billion Private AI Investment, Sparking Outrage
President Trump’s return to office will be marked by a significant announcement: a $100 billion initial investment, potentially reaching $500 billion over four years, in a new AI infrastructure project called Stargate. This joint venture, involving OpenAI, SoftBank, and Oracle, will begin with a Texas data center and expand nationwide. The White House meeting will feature CEOs from the participating companies, though details beyond the initial investment remain limited. Further investors are anticipated to join the ambitious undertaking.
John Q. Hosedrinker