What is Stargate, a $500 billion venture between OpenAI, SoftBank and Oracle announced by Donald Trump?5Photo© hindustantimes.com

What is Stargate, a $500 billion venture between OpenAI, SoftBank and Oracle announced by Donald Trump?

, 6 news, a view

The joint venture or alliance, called Stargate, "will invest $500 billion, at least, in AI infrastructure in the United States," Trump said in remarks at the White House.

"This monumental undertaking is a resounding declaration of confidence in America's potential," he said, a day after his inauguration as the 47th President of the country.

OpenAI's chief executive Sam Altman, SoftBank's chief Masayoshi Son and Oracle founder Larry Ellison attended the announcement.

It’s big money and high quality people,
Donald Trump,
Explainer: What is Stargate? Inside the $500 billion AI infrastructure…
will invest $500 billion, at least, in AI infrastructure in the United States,
Donald Trump,
Softbank, Oracle, OpenAI To Build $500 Billion Worth AI Infrastructure…