A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.

Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development.

The $500 billion AI project that President Trump announced on Monday brings together OpenAI, Oracle and SoftBank to try to revolutionize U.S. AI infrastructure.

There's no single definition for artificial general intelligence.Dario Amodei, the CEO of Anthropic, previously predicted that "powerful AI" could arrive by 2026.Amodei said AGI is more of a "marketing term,

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

“They have to produce a lot of electricity and we will make it possible for them to get that production done very easily, at their own plants if they want,” Trump said. “At the AI plant they will build energy generation and that will be incredible.” It’s unclear if building energy operations inside an AI data center is possible in practice.

Uptime Institute predicts the data center industry in 2025 will face pressure over resource consumption, grid integration challenges, and AI infrastructure requirements.

As Bill Gates-backed TerraPower continues building a first-of-its-kind nuclear plant in Kemmerer, Wyoming, it has struck a deal with the nation’s

The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.

Artificial intelligence stocks are jumping in morning trading after President Trump announced a $500 billion AI infrastructure plan yesterday. Coherent (NASDAQ:COHR), Credo Technologies (NASDAQ:CRDO),

The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.