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Trump and Tech Leaders Launch $500 Billion Stargate AI Project, Draws Criticism

  • President Donald Trump announced the Stargate AI project, which aims to invest $500 billion over four years, as confirmed by CNBC.
  • Three top tech firms will create a new company called Stargate, starting with an initial investment of $100 billion.
  • Trump previously announced a $10 billion electronics factory with Foxconn in Wisconsin, expected to create 13,000 jobs.
  • Trump pledged to repeal Joe Biden's executive order that he claims hinders AI innovation and promotes radical leftwing ideas.
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Forbes broke the news in United States on Tuesday, January 21, 2025.
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