WASHINGTON — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that…
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https://www.dallasnews.com/news/national/2025/01/21/trump-announces-stargate-plan-joint-tech-venture-calls-for-500b-on-ai-with-abilene-site/
