President Trump Unveils $500 Billion ‘Stargate’ AI Initiative
On January 21, 2025, President Donald Trump announced the $500 billion "Stargate" AI project, aiming to bolster the United States' position in global AI leadership. The initiative, supported by tech giants like OpenAI, SoftBank, and Oracle, focuses on building state-of-the-art data centers starting in Texas. The initial $100 billion investment is expected to generate over 100,000 jobs.
SoftBank’s Masayoshi Son pledged an expanded $500 billion contribution, while leaders such as OpenAI’s Sam Altman emphasized the potential to revolutionize healthcare through AI-driven disease detection. Critics, however, question the project’s financial sustainability and ambitious goals.
This initiative is part of President Trump’s broader strategy to enhance U.S. technological dominance, marking a b...