The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.

The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.

OpenAI, SoftBank, and Oracle to Form Joint Venture Called Stargate, Invest Up to $500 Billion in AI Infrastructure

President Trump is announcing the Stargate AI program that includes up to $500 billion in investment from Oracle, OpenAI, and SoftBank

Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.

Key Takeaways President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative,

SoftBank, OpenAI, and Oracle are launching a $100 billion joint venture to enhance AI infrastructure, with plans to escalate investment to $500 billion. The initiative, supported by President Donald Trump,

Donald Trump announces tech companies will invest up to $500 billion to fund artificial intelligence infrastructure

President Trump and the CEOs of OpenAI, Softbank, and Oracle are expected to announce a new $500 billion AI initiative called "Stargate," CBS first reported. Sources tell CBS that the plan is to start with a $100 billion commitment and a Stargate data center in Texas,

Oracle, OpenAI, and SoftBank are reportedly set to announce a landmark partnership with the White House to invest up to $500 billion in artificial intelligence (AI) infrastructure across the United States.