

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
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.
Trump described it as the “largest AI infrastructure project by far in history.”

