The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 billion into artificial intelligence infrastructure over the next four years. Other partners also include Nvidia, Microsoft and ARM— companies that have all been paramount to the significant AI boom in recent years.

Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.

Altman said that a project like Stargate might not have been possible with "a different president."

The Stargate project has big implications for U.S. AI leadership, but also for who's winning the new president's ear.

A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.

OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.

Japanese tech giant SoftBank Group Corp. as well as OpenAI and Oracle Corp. will form a new company that will invest at least $5

Tech giants OpenAI, SoftBank and Oracle are forming a new entity in a bid to advance artificial intelligence infrastructure in the United States. Stargate aims to

A priority for Trump has been helping supporters who laid siege to the Capitol on Jan. 6, 2021, making their pardons his first official action once he returned to the White House after his inauguration on Monday.

President Donald Trump kicked off his second term with a flurry of executive actions on immigration, the economy, DEI and more.Legal challenges have already been mounted against his effort to end birthright citizenship and action that makes it easier to fire career government employees.

President Donald Trump on his first full day in office Tuesday defended his decision to grant clemency to people convicted of assaulting police officers during the 2021 attack on the Capitol and suggested there could be a place in U.