Executive Branch

Trump Announces $500 Billion Investment to Build AI Infrastructure

‘This is the money that normally would have gone to China or other countries,’ Trump said, calling it the largest AI infrastructure project in history.
Trump Announces $500 Billion Investment to Build AI Infrastructure
President Donald Trump speaks in the Roosevelt Room flanked by Masayoshi Son (2R), chairman and CEO of SoftBank Group Corp., Larry Ellison (2L), executive chairman of Oracle and Sam Altman (R), CEO of Open AI at the White House on Jan. 21, 2025. Jim Watson/AFP via Getty Images
Emel Akan
Emel Akan
Reporter
|Updated:
0:00

WASHINGTON—President Donald Trump on Jan. 21 announced $500 billion in private sector investment to build artificial intelligence (AI) infrastructure in the United States.

OpenAI, Softbank, and Oracle will invest in the infrastructure through their joint venture, Stargate.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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