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What Is Stargate AI? Trump’s New $500Bn AI Infrastructure Project
Working alongside companies such as OpenAI and Softbank, Trump's new Stargate project aims to herald the "golden age" of AI.
Trump announces a $500 billion AI infrastructure investment in the US
OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Chairman of Oracle appeared is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce a massive private sector investment in artificial intelligence infrastructure in the United States.
OpenAI, Oracle and SoftBank to invest $500B in US AI infrastructure building project
Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the money required to finance ambitious infrastructure projects. OpenAI, of course, is widely regarded as one of the leaders in terms of AI development.
What is Stargate, the $500 billion Trump-supported AI investment project?
OpenAI, Oracle, and SoftBank formed Stargate, a new venture investing up to $500 billion in AI infrastructure in Texas. President Donald Trump talked up the partnership on Jan. 21, calling it ”a resounding declaration of confidence in America’s potential.
Trump announces $500B AI infrastructure investment: How does Texas play a key role?
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.
Elon Musk bashes Trump-backed $500 billion AI mega project
Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by U.S. President Donald Trump, saying the money promised for the investment actually wasn't there. The comments marked a rare instance of a split between the world's richest man and Trump,
2d
Hon Hai Precision: New-Found Focus On AI Is Paying Off
Riding high on the back of the AI hype, TWSE:2317 is outperforming the Taiwanese market. It has returned 77% (82% with ...
Digi Times
3d
Foxconn geared up for AI applications and regional manufacturing in 2025
Foxconn Group (Hon Hai) is positioning itself for expanded AI applications and regionalized production in 2025, with ...
4d
Foxconn unit buys six office buildings in Sunnyvale for $128M
Ingrasys Technology USA has bought six buildings across 26.3 acres in Sunnyvale for an estimated $128 million. The cloud ...
6d
Is Nvidia a Millionaire-Maker Stock?
Foxconn's earnings release comes just a week after Microsoft announced that it expects to spend $80 billion on AI data center ...
Digi Times
4d
AI drives revenue growth for major electronics ODMs in 2024
Quanta, Wistron, and Inventec enjoyed record-high sales in 2024, buoyed by robust AI server sales, while revenue at Pegatron ...
7d
Foxconn business buys up Sunnyvale campus
A cloud infrastructure company that works with Nvidia bought six buildings in Sunnyvale. Foxconn said its subsidiary, ...
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