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By Theo Burman
Live News Reporter
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President Donald Trump has announced a new artificial intelligence company called Stargate, which will be a collaboration between some leading U.S. tech figures.
Trump used his first full day in office to announce the $100 billion project alongside OpenAI CEO Sam Altman and Oracle chairman Larry Ellison, signifying Trump's close relationship with Big Tech.
Newsweek contacted the White House for more information via email.
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Why It Matters
Trump's new administration has a much closer relationship with Silicon Valley than his first did, shown by the presence of some of Big Tech's biggest names, such as Jeff Bezos and Mark Zuckerberg, at his inauguration.
The use of his first day back in the White House to launch an AI project is the first direct demonstration of Trump's new willingness to cooperate with the industry.
What Is Stargate?
Stargate is a new project designed to maintain the U.S. as the global leader in artificial intelligence. Backed by a $500 billion investment over four years, Stargate plans to build AI infrastructure across the U.S., creating thousands of new jobs and doubling down on American advantages in AI development.
With $100 billion already set for immediate deployment, the project will focus on re-industrializing the U.S. while enhancing national security and developing transformative AI technologies.
The project will be based in Texas, where the construction of 10 new data centers has already begun.
Stargate will prioritize AI advancements in industries such as healthcare, where the technology could revolutionize patient care through improved diagnostics, earlier disease detection and even potential cancer vaccinations.
Who Is Part of Stargate?
Stargate is a collaborative effort between some of the most prominent global players in technology and investment.
The initiative consists of top U.S. tech companies, including SoftBank, OpenAI, Oracle and MGX.
SoftBank is taking on the financial responsibilities of the project while OpenAI, the creator of ChatGPT, will take the lead on delivering the operation. Japanese billionaire Masayoshi Son, chairman of SoftBank, will serve as Stargate's chairman.
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Key technology partners in the project include Arm, Microsoft and NVIDIA, all of whom will contribute to designing and operating the computing systems needed to maintain AI infrastructure.
Altman emphasized the significance of Stargate, calling it "the most important thing we do in this era," and highlighted the company's history of collaboration with NVIDIA and Oracle as essential to the project's success.
Microsoft's Azure platform will also play a pivotal role in providing the computing power necessary for OpenAI to train its leading AI models and deliver next-generation products and services. The initiative builds upon Microsoft's long-standing partnership with OpenAI, which gained international recognition following the launch of ChatGPT in 2022.
What People Are Saying
In a statement seen by Newsweek, OpenAI said: "All of us look forward to continuing to build and develop AI—and in particular AGI [artificial general intelligence]—for the benefit of all of humanity. We believe that this new step is critical on the path, and will enable creative people to figure out how to use AI to elevate humanity."
At the announcement of Stargate, President Trump said: "Together these world-leading technology giants are announcing the formation of Stargate, so put that name down in your books, a new American company that will invest in AI infrastructure. This is a resounding vote of confidence in America's potential. It will ensure the future of AI technology and keep it in this country."
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