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What is Stargate, a $500 billion venture between OpenAI, SoftBank and Oracle announced by Donald Trump?
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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.
“ So, put that name down in your books because I think you're going to hear a lot about it in the future, a new American company that will invest USD 500 billion at least in AI infrastructure in the…
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“ will invest $500 billion, at least, in AI infrastructure in the United States,
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