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Trump, Larry Ellison unveil AI project that'll get start in Texas

  • A new joint venture named Stargate was announced by President Donald Trump, Masayoshi Son of SoftBank, Sam Altman of OpenAI, and Larry Ellison of Oracle, focusing on artificial intelligence development in Texas.
  • The Stargate project will involve an investment of at least $500 billion over the next four years to build advanced artificial intelligence infrastructure.
  • President Trump stated that this project will be the 'largest AI infrastructure project, by far, in history' and will create a massive number of jobs in the United States.
  • The project aims to support the re-industrialization of the United States and enhance national security capabilities, as stated by the involved companies.
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