Stargate is the $500 billion AI Project, announced by President Donald Trump alongside tech leaders aiming to revolutionize U.S. AI infrastructure.

Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI infrastructure in the U.S.

OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.

Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, Oracle and Microsoft. The groundbreaking project aims to create the largest AI supercomputer, dubbed "Stargate," which is set to be launched by 2028.

OpenAI, Oracle, and SoftBank formed Stargate, a new venture investing up to $500 billion in AI infrastructure in Texas. President Donald Trump talked up the partnership on Jan. 21, calling it ”a resounding declaration of confidence in America’s potential.

Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.

OpenAI and Microsoft have hit back at Elon Musk’s criticism of Stargate, the new $500bn artificial intelligence infrastructure project hailed by Donald Trump as a “resounding declaration of confidence in America’s potential under a new president”.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.