Trump announces $500Bn AI project ‘Stargate’ to boost US infrastructure and create 100,000 jobs

President Trump, alongside OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, and Oracle’s Larry Ellison, announced a $500 billion AI infrastructure project in the U.S. The initiative, called Stargate, aims to build AI infrastructure, including data centres, and create 100,000 jobs. SoftBank and OpenAI will lead financial and operational efforts.