President Trump makes a major infrastructure announcement on his second day in office.
President Donald Trump unveiled a massive artificial intelligence (AI) infrastructure project from the private sector on the first full day of his second term in office on Tuesday.
During a speech at the White House, Trump announced that Softbank, OpenAI and Oracle have joined forces for a project called Stargate, to build data centers in the U.S. for powering AI.Â
Then-President-elect Donald Trump speaks during a meeting with the House GOP conference, Nov. 13, 2024, in Washington. (Allison Robbert/Pool via AP, File) (Allison Robbert/Pool via AP, File) / AP Newsroom)
The CEOs of all three tech firms – OpenAI’s Sam Altman, Oracle’s Larry Ellison, and Softbank’s Masayoshi Son – joined Trump from the Roosevelt Room at the White House for the announcement.
The initial investment for the…
