Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.

OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.

One of President Donald Trump’s first actions in his reclaimed role was the announcement of a joint venture (JV) investing up to $500 billion for artificial

On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015, when he was convicted of multiple charges, including the distribution of narcotics.

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.

On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."

US President Donald Trump unveiled the Stargate initiative at the White House, accompanied by Oracle co-founder Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI CEO Sam Altman.

President Donald Trump kicked off his second term with a flurry of executive actions on immigration, the economy, DEI and more.Legal challenges have already been mounted against his effort to end birthright citizenship and action that makes it easier to fire career government employees.

President Donald Trump on his first full day in office Tuesday defended his decision to grant clemency to people convicted of assaulting police officers during the 2021 attack on the Capitol and suggested there could be a place in U.