(Credit: AP)
Trump announces USD 500B AI infrastructure initiative
On Tuesday, three prominent technology companies announced the launch of a new venture, Stargate, designed to expand artificial intelligence (AI) infrastructure throughout the US.
According to CNN, The announcement, made at the White House, featured OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, Oracle Chairman Larry Ellison, and US President Donald Trump, who hailed the initiative as the “largest AI infrastructure project in history.”
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The project will begin with an initial investment of USD 100 billion, with plans to increase funding to USD 500 billion in the coming years. According to Trump, Stargate is expected to generate over 100,000 jobs across the US.
Reactions to the announcement of the Stargate initiative were shared on social media, with industry leaders particularly vocal about the project's potential impact.
Announcing The Stargate Project
— OpenAI (@OpenAI) January 21, 2025
The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure…
Larry Ellison says the Stargate Project will construct the largest computer ever built which will enable AI to create cancer vaccines, personalized medicine and pandemic prevention pic.twitter.com/Sie3bXiSTQ
— Tsarathustra (@tsarnick) January 22, 2025
Stargate aims to construct the physical and virtual infrastructure necessary to support the next wave of AI technology. This includes a nationwide network of data centers, with the first major project—a 1 million-square-foot data center in Texas—already under construction, according to Oracle Chairman Larry Ellison as reported by CNN.
The initiative comes in response to warnings from AI industry leaders that the sector needs a substantial increase in data centers, as well as resources like advanced chips, electricity, and water, to keep pace with the growing demand for AI capabilities.
