After Trump’s mega $500 billion AI investment announcement, OpenAI CEO Sam Altman’s big confession amid rivalry with Elon Musk
In a high-profile announcement from the White House, US President Donald Trump revealed the formation of a $500 billion joint venture aimed at establishing a robust AI infrastructure within the United States. Dubbed “Stargate,” the project will focus on building data centres and other key AI technologies, with initial backing from leading companies such as SoftBank, OpenAI, Oracle, and MGX. Technology partners for the venture include Arm Holdings, Microsoft, and Nvidia.