Big Money and High Quality People': Stargate Joint Venture to Invest in U.S. AI Infrastructure
Briefly

On January 21, 2025, President Trump highlighted a new partnership involving OpenAI, Oracle, and SoftBank to invest up to $500 billion in AI infrastructure. Named 'Stargate,' the initiative aims to develop data centers and energy resources in Texas, with an initial $100 billion investment. Key figures, including Sam Altman, stressed the importance of the project for the U.S. economy, while implications for digital health advancements were noted by Larry Ellison. This venture underlines a resurgence in tech investment as Trump emphasizes growth and innovation during his administration.
President Trump touted a new partnership for a $500 billion AI infrastructure joint venture, signaling confidence in the U.S. economy under his administration.
Sam Altman stated that this project would be the most important of the era, with initial investments expected to reach up to $100 billion.
Masayoshi Son called it the beginning of a golden age, echoing Trump's vision for America's future economic prospects.
Larry Ellison highlighted that the project could drive innovations in digital health records, paving the way for advanced treatments like customized vaccines.
Read at time.com
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