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

Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment would start with $100 billion, plus a goal of $500

The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.

President Trump announced Tuesday billions of dollars in private sector investment to build artificial intelligence infrastructure in the United States, although Elon Musk soon cast doubt on the size of the investment.

Masayoshi Son, the Japanese tycoon helming US President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record.

OpenAI CEO Sam Altman, Oracle founder Larry Ellison and SoftBank CEO Masayoshi Son comment on President Trump’s Stargate AI investment project in an interview with FOX News anchor Bret Baier on ‘Special Report.

The following is adapted from Gambling Man, my new biography of Masayoshi Son. As the Japanese founder and CEO of SoftBank, “Masa”—as he is known to friends and rivals alike—is probably ...

SoftBank CEO Masayoshi Son speaks at a White House press conference on President Donald Trump's plan for AI infrastructure investment. MASA SON, SOFTBANK: Oh, thank you. That would be helpful. That's good.

Shares of AI-related tech companies are trading higher Wednesday after U.S. President Donald Trump announced a $500 billion AI infrastructure investment called Project Stargate.

Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the company joined an OpenAI-led artificial intelligence (AI) joint venture named Stargate,

Stargate is the $500 billion AI Project, announced by President Donald Trump alongside tech leaders aiming to revolutionize U.S. AI infrastructure.

President Donald Trump announced Stargate, a company led by three business giants: OpenAI CEO Sam Altman, SoftBank Group CEO Masayoshi Son, and Oracle Corp. Chairman Larry Ellison. Stargate would invest up to $500 billion over the next four years in AI infrastructure.