Trump Unveils Landmark $500 Billion AI Infrastructure Investment in the US
Three major tech companies revealed plans to form a new venture, Stargate, to bolster artificial intelligence infrastructure in the United States. President Donald Trump joined OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, and Oracle Chairman Larry Ellison at the White House to announce the initiative, which Trump described as the “largest AI infrastructure project in history.”
The companies committed an initial $100 billion investment, with plans to scale up to $500 billion in the coming years. Trump stated that the project would create 100,000 new jobs across the country.
Stargate aims to develop the infrastructure needed to support next-generation AI, including expansive data centers nationwide. Ellison noted that the first 1-million-square-foot data facility is already under construction in Texas. Altman described the project as “the most important of this era,” emphasizing its potential to maintain the US’s leadership in AI development.
SoftBank will finance the venture, while OpenAI will oversee operations. Oracle, a leading data center operator, and MGX, a funding partner, are also involved. SoftBank’s Masayoshi Son will serve as Stargate’s chairman.
Altman has consistently advocated for significant investments in US AI infrastructure to stay ahead of China’s advancements, highlighting AI’s transformative potential for the economy and military. In a recent interview, he praised Trump’s focus on AI and expressed optimism about collaborating with the administration.
A recent OpenAI policy paper stressed the strategic importance of AI infrastructure, estimating $175 billion in global funds poised for AI investments. It warned that if the US fails to attract this capital, it could shift to China, bolstering its technological dominance.
Oracle echoed these sentiments, calling Stargate a project that would “secure American leadership in AI,” create jobs, and strengthen national security.
The announcement recalls past high-profile investment promises, such as Trump’s 2017 pledge with Foxconn for a $10 billion factory in Wisconsin. While that project fell short of its initial goals, Trump expressed confidence in Stargate’s ability to deliver transformative economic and technological impacts.
The initiative marks a pivotal moment for US AI leadership, with plans to revolutionize infrastructure and maintain global competitiveness.
