President Donald Trump introduces the ‘Stargate’ project, a $500 billion investment in AI infrastructure, in partnership with OpenAI, SoftBank, and Oracle, aiming to create over 100,000 jobs in the U.S.
President Donald Trump unveiled on January 21, 2025, the “Stargate” program, an enormous $500 billion initiative to bolster the U.S. artificial intelligence infrastructure. This audacious effort is a partnership of industry giants OpenAI, SoftBank Group Corp., and Oracle Corp. The program is set to create over 100,000 jobs in the US during the next four years.
The first phase of the Stargate plan is building enormous data centers in Texas, which will likely cost about $100 billion and eventually reach the $500 billion goal. Without a doubt, it will enhance AI capabilities nationwide and progress other domains like healthcare and information technology.
President Trump highlighted the strategic significance of this investment during the White House announcement, saying, “What we want to do is we want to keep it in this country.” Among the rivals are China and others. Its artificial intelligence and technology are both produced in the United States.
SoftBank CEO Masayoshi Son, Oracle co-founder Larry Ellison, and OpenAI CEO Sam Altman were among the prominent individuals in attendance during the event. “I’m thrilled we get to do this in the United States of America,” Altman said, expressing excitement for the endeavor. “This, I think will be the.”
The Stargate project is strategically positioned to enable the United States to lead in AI technologies, as developed across the world, and ensure that AI progress aligns with the American values and interest. This has brought the two tech giants together, with a unified effort as drivers of innovation and economic growth in the country.
