Trump endorses $500B AI initiative with OpenAI, SoftBank

In a groundbreaking development, former President Trump has endorsed a massive private sector investment to bolster Artificial Intelligence infrastructure across the United States.
The initiative, dubbed the Stargate Project, is a collaboration between OpenAI, SoftBank, and Oracle. The venture will inject $500 billion into constructing advanced AI data centers, beginning with a flagship facility in Abilene, Texas. Scheduled to become operational by mid-2026, this facility will require up to a gigawatt of energy—enough to power approximately 750,000 homes.
By 2029, the project aims to expand to 20 state-of-the-art data centers, positioning the U.S. as a global leader in AI technology and generating hundreds of thousands of jobs nationwide.
Key Details:
Tech collaborators include Microsoft, Nvidia, and Arm.
OpenAI seeks to alleviate compute constraints with this infrastructure.
Plans for proprietary AI chip development by OpenAI are in the pipeline.
This initiative highlights the growing need for robust AI infrastructure as the technology continues to transform industries worldwide.
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Credit: India Today