We’re only on Day 2 of President Trump’s second term in office and it’s just one massive thing after another.
Just a few minutes ago, President Trump announced the formation of “STARGATE” a new private venture between Oracle’s Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI Sam Altman to invest $500 BILLION over the next four years in AI infrastructure in the USA!
Wow!
🚨BREAKING: President Trump has just announced Stargate Project, a new American company which will invest $500 billion over the next four years building new AI infrastructure in the United States.
Oracle's Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI Sam Altman were… pic.twitter.com/f0SL7zby2l
— Charlie Kirk (@charliekirk11) January 21, 2025
Promises made, promises kept….only two days in!
This is massive, absolutely massive for the United States.
🚨 BREAKING: President Donald J. Trump announces the formation of 'Stargate,' the largest AI infrastructure project in American history
This project will invest $500 BILLION into the U.S. economy and create over 100,000 American jobs.
PROMISES MADE. PROMISES KEPT. pic.twitter.com/xjkPLO6Oj0
— Trump War Room (@TrumpWarRoom) January 21, 2025
And the best part?
It’s entirely private money, not taxpayer funded!
🚨 JUST IN: President Trump will be announcing a $100+ BILLION AI infrastructure investment called Project Stargate
The best part? This is a PRIVATE investment in the United States by OpenAI, SoftBank, and Oracle
NOT taxpayer funded! 🔥 pic.twitter.com/SZrSpA402i
— Nick Sortor (@nicksortor) January 21, 2025
It’s like FDR only with the private economy funding the infrastructure growth!
Sam Altman’s OpenAI had this announcement on their website:
The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world. This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies.
The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman.
Arm, Microsoft, NVIDIA, Oracle, and OpenAI are the key initial technology partners. The buildout is currently underway, starting in Texas, and we are evaluating potential sites across the country for more campuses as we finalize definitive agreements.
As part of Stargate, Oracle, NVIDIA, and OpenAI will closely collaborate to build and operate this computing system. This builds on a deep collaboration between OpenAI and NVIDIA going back to 2016 and a newer partnership between OpenAI and Oracle.
This also builds on the existing OpenAI partnership with Microsoft. OpenAI will continue to increase its consumption of Azure as OpenAI continues its work with Microsoft with this additional compute to train leading models and deliver great products and services.
All of us look forward to continuing to build and develop AI—and in particular AGI—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.
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I love the name Stargate….
I always thought Stargate SG1 was one of the most underrated 1990s sci-fi shows.
Anyone else remember that show?
It was great, and now it’s a reality once again!
STARGATE.
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