SoftBank, Oracle, and OpenAI Unite for $500 Billion AI Infrastructure Project in the US

Washington, D.C.: In a groundbreaking announcement on Tuesday, President Donald Trump revealed a $500 billion initiative to develop state-of-the-art artificial intelligence (AI) infrastructure in the United States. The collaborative effort, named Stargate, involves Japanese tech giant SoftBank, AI leader OpenAI, and cloud computing powerhouse Oracle.

This ambitious project, which begins with an initial $100 billion investment, aims to transform America’s technological capabilities over the next four years, including the development of massive data centers and advanced computing infrastructure.

Pioneering the Future of AI

President Trump, speaking at the White House, called the project “a monumental investment in America’s future.” The initiative is expected to bolster national security, industrial growth, and innovation in healthcare and other sectors.

OpenAI will lead operational responsibilities, while SoftBank will provide financial backing. Oracle, alongside partners like Microsoft, NVIDIA, and Arm, will deliver essential technological expertise.

Texas will serve as the project’s starting point, with plans to expand across the country. "This initiative will redefine America’s AI landscape," stated OpenAI CEO Sam Altman.

National Security and Innovation

The project is not just an economic move but also a strategic one. OpenAI highlighted the initiative’s role in reinforcing America’s national security, ensuring AI advancements remain under the country's control. Oracle’s Larry Ellison emphasized the transformative potential of AI in healthcare, particularly in early disease detection.

SoftBank shares surged by over 8% in Tokyo following the announcement, reflecting strong market confidence.

Regulatory Challenges Ahead

The announcement follows President Trump’s repeal of a previous executive order by Joe Biden, which had introduced oversight for AI development. While this opens doors for rapid progress, experts caution that a lack of regulations could pose risks as the technology evolves.

With construction already underway in Texas, Stargate is set to propel the United States into a new era of AI dominance, reshaping the global technological landscape.