Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in the United States.

US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI. The venture, ...

He also announced private sector investments of up to $500 million to build artificial intelligence infrastructure. ...

The OpenAI CEO stated that though he didn't agree with the President on everything, he would be "incredible" for the country ...

The source pointed out that MGX has $100b in capital commitments, Oracle has $11b in cash on its balance sheet and OpenAI ...