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 billion over the course of four years.

Elon Musk, CEO of Tesla and SpaceX, has expressed doubts about the financial viability of the USD 500 billion Stargate AI Project, a collaboration between OpenAI and SoftBank Group. Musk questioned SoftBank's ability to fund the massive initiative,

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.

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

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

President Donald Trump is supporting the newly formed Stargate to advance AI as construction on the company's first data center gets underway in Abilene.

The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.

President Trump announced billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.

OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure. President Donald Trump said of the investment: “A resounding

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.

Utah is among the fastest-growing data center markets in the country thanks to business climate, ‘attractive’ tax breaks

On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."