This follows the announcement of Stargate, a $500 billion initiative by SoftBank, OpenAI, and Oracle aimed at keeping the U.S. ahead in the global AI race.

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment ... very soon and…that’s not the goal,” said Son at the White House briefing. “After that, artificial super ...

OpenAI CEO Sam Altman, Oracle founder Larry Ellison and SoftBank CEO Masayoshi Son comment on President Trump’s Stargate AI investment project in an interview with FOX News anchor Bret Baier on ‘Special Report.

SoftBank CEO Masayoshi Son speaks at a White House press conference on President Donald Trump's plan for AI infrastructure investment. MASA SON, SOFTBANK: Oh, thank you. That would be helpful. That's good.

The Republican president’s decision was at odds with earlier comments by his incoming vice president, JD Vance, and other senior aides that Trump would only let off those who weren’t violent. President Donald Trump holds up a signed executive order regarding cryptocurrency in the Oval Office of the White House,

Elon Musk “very much” overstepped his bounds when he criticized a $500 billion artificial intelligence project touted by President Donald Trump, according to a White House official as aides are reportedly “furious” with the tech mogul while allies lament that he “abused the proximity to the president.”

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

President Donald Trump will announce a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI infrastructure, sources said.

OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.

On his first full day in office, President Donald Trump announced a half-trillion-dollar AI initiative that will begin at Abilene's Lancium campus.

Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.