Forbes January 22, 2025
One among the flurry of announcements emerging from the White House this week is the launch of Stargate, a project that newly empowered President Trump announced Tuesday alongside Larry Ellison, Sam Altman and Masayoshi Son.
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.
Exact details around the project, the plans and the vision forward are yet to be announced. President Trump explained that one of the primary goals of the project is to build data centers...