In a landmark announcement at the White House, newly inaugurated President Donald J. Trump—returning to office for a second term—joined forces with three of the world’s leading technology CEOs to introduce “Project Stargate,” a sprawling new initiative intended to secure the United States’ preeminent position in artificial intelligence. The project is backed by a record-setting commitment of $500 billion over four years and aims to create over 100,000 jobs in its first phase.
President Trump was accompanied by:
They collectively emphasized the unprecedented scale and ambition of Stargate, which will build and operate colossal data centers and AI development campuses across America, starting immediately in Texas. Below is an overview of the key points from the President’s remarks and the supporting announcements by OpenAI and SoftBank.
President Trump began by highlighting that this “massive group of talent and money” is investing in AI infrastructure at a scale the world has never seen. Reiterating his promise that the next four years will be an economic “golden age” for America, he underscored how Project Stargate signals the country’s leadership in emerging technologies:
“It’s all taking place right here in America... This monumental undertaking is a resounding declaration of confidence in America’s potential under a new President.”
This significant inflow of capital will fund data-center construction and campus development nationwide. The project’s backers plan to move at top speed, thanks in part to the President’s promise of streamlined regulations and support, including fast-tracking energy production for these new AI facilities.
The Stargate Project is formed by a powerful consortium of investors and partners:
Masayoshi Son, CEO of SoftBank, will act as chairman of Stargate, and he noted that while the commitment begins with $100 billion, the consortium’s four-year goal is to deploy the full $500 billion.
“We decided to do this because this is the beginning of a golden age for America,” Son said. “We wouldn’t have decided it unless you [President Trump] won... This will help solve many, many issues that mankind would never have thought we could solve.”
Sam Altman, CEO of OpenAI, highlighted how Stargate will allow the training and deployment of next-generation AI systems—including steps toward Artificial General Intelligence (AGI)—on a scale simply not possible until now. OpenAI will continue its work with existing partners, especially Microsoft’s Azure, while leveraging new data-center capacity from Oracle and NVIDIA:
“For AGI to be built here and create hundreds of thousands of jobs, we need the infrastructure to match. We believe that as this technology progresses, we’ll see diseases get cured at an unprecedented rate and a wave of new solutions in healthcare and beyond.”
Larry Ellison, Executive Chairman of Oracle, referenced how Project Stargate’s AI and data-center capabilities will profoundly transform industries—from personalized health care to advanced research in cancer treatment. He emphasized that large-scale computing and AI applications will aid in early cancer detection and potentially accelerate vaccine development:
“AI diagnosis using something as simple as a blood test has the promise of early detection... You can then vaccinate individuals against their particular cancer, making that vaccine available in about 48 hours. This is the promise of AI and the promise of the future.”
Ellison noted that major AI data campuses are already under construction in Texas, with an initial site in Abilene featuring half-million-square-foot buildings.
President Trump underscored that the Stargate Project alone will create over 100,000 jobs “almost immediately.” Coupled with additional domestic investment initiatives, he predicted the injection of trillions of dollars into the U.S. economy, particularly as America reindustrializes and competes with global tech powerhouses:
“In total, before the end of my first business day in Washington and the White House, we’ve already secured nearly $3 trillion of new investments in the United States… This is money that normally would have gone to China or other countries, in particular China.”
The administration’s plan includes reducing regulatory hurdles, fast-tracking permits for new construction projects, and supporting the expansion of domestic energy production—what President Trump described as “Drill, baby, drill.”
Beyond the clear economic ramifications, officials from SoftBank, OpenAI, Oracle, and others shared a unified vision of AI as a tool to “elevate humanity.” From accelerating medical discoveries to improving logistics, infrastructure, and resource management, the consortium sees Project Stargate as a significant leap forward in harnessing AI’s transformative power:
As the first massive data campuses begin to rise in Texas—driven by partnerships among OpenAI, Oracle, NVIDIA, Microsoft, Arm, and more—the exact locations of future sites remain under evaluation. The Stargate team aims to finalize agreements with multiple states, promising a nationwide network of cutting-edge AI research and infrastructure hubs.
While the sheer size of the investment draws significant attention, the consortium leaders maintain that the true metric of success will be the tangible benefits that advanced AI can deliver—from lifesaving healthcare breakthroughs to new industries and job opportunities for American workers.
“We all look forward to continuing to build and develop AI—and in particular AGI—for the benefit of all of humanity,” reads an excerpt from OpenAI’s official announcement. “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.”
With Project Stargate now formally launched, its founders and partners have set in motion one of the largest technology infrastructure undertakings in history, vowing that the next few years will see American AI leadership firmly established on the global stage—and with it, a new era of innovation, prosperity, and progress.
Click here for the OpenAI Announcement
Click here for the SoftBank Announcement
