Former U.S. President Donald Trump announced the launch of the $500 billion “Stargate Project” on January 21, 2025, an ambitious private-sector initiative aimed at revolutionizing the nation’s artificial intelligence (AI) infrastructure. The project involves collaboration with major corporations, including OpenAI, Oracle, SoftBank, and MGX, to establish AI data centers across the United States, starting with Texas.
The Stargate Project is set to kick off with an initial investment of $100 billion, which will fund the construction of advanced data centers. These centers are designed to support AI model development, cloud computing, and advanced analytics. Over four years, the project aims to create over 100,000 jobs while securing the U.S.’s position as a global leader in AI technology.
Trump emphasized that the initiative would strengthen U.S. competitiveness, particularly against countries like China, which have been rapidly advancing in AI development. Alongside this, he introduced a series of executive measures to support the project, including reversing an earlier executive order regulating AI technologies and providing incentives for private-sector energy production to power the data centers.
The announcement has garnered widespread attention, with tech giants like Nvidia and Oracle seeing significant stock market gains following the news. Masayoshi Son of SoftBank and Larry Ellison of Oracle were present at the event and expressed their confidence in the project’s transformative potential.
Sam Altman, CEO of OpenAI, highlighted that the initiative would not only accelerate AI research but also democratize access to AI tools for businesses and individuals. OpenAI, as part of its involvement, plans to scale its reliance on Microsoft’s Azure platform while utilizing resources from other partners like Nvidia for computational capabilities.
The project represents a critical milestone in the AI industry, with President Trump positioning it as a key driver of economic growth, technological leadership, and national security in the coming decades.
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