Trump Announces $500 Billion in AI Infrastructure Investment

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President Donald Trump on Tuesday announced a $500 billion private-sector investment to build artificial intelligence infrastructure, calling it the "largest AI infrastructure project in history." OpenAI, SoftBank, and Oracle will launch a joint venture called Stargate, each committing $100 billion upfront with plans to invest up to $500 billion over the next four years. Stargate is set to begin with a data center project in Texas before expanding nationwide to enhance AI training and deployment, according to the Financial Times.

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