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Trump announces $500 billion ‘Stargate’ AI infrastructure project | LiveNOW from FOX

DeFi Daily News by DeFi Daily News
January 21, 2025
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Trump announces 0 billion ‘Stargate’ AI infrastructure project | LiveNOW from FOX
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President Donald Trump announced investments worth up to $500 billion for infrastructure tied to artifical intelligence on Tuesday.

Speaking from the White House, Trump said the investment is “the largest AI infrastructure project, by far, in history.”

The CEOs of three tech firms – OpenAI’s Sam Altman, Oracle’s Larry Ellison, and Softbank’s Masayoshi Son – joined Trump for the announcement.

The new entity created through the collaborative efforts, Stargate, will start building out projects needed for the further development of the fast-evolving AI in Texas, according to the White House.

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Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX.

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Tags: #MAGAAnnouncesBillionDonald TrumpFOXinfrastructurelarry ellisonLiveNOWlivenow-from-foxnew trump aiNewsopen aiOpenAIopenai stargateopenai stockoracleoracle aioracle stockProjectproject stargateproject stargate aisam altmansoftbank stockStargatestargate aistargate ai stockstargate companystargate jobsTrumptrump ai projecttrump ai stargatetrump stargatevideowhat is ai
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