Trump announces $500B “Stargate” AI infrastructure project with AGI aims

US President Donald Trump speaks in the Roosevelt Room of the White House while SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman look on on January 21, 2025, in Washington, DC. Credit: Andrew Harnik via Getty Images

On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."

The goal is to kickstart building more data centers to expand computing capacity for current and future AI projects, including OpenAI's goal of "AGI," which the company defines as a highly autonomous AI system that "outperforms humans at most economically valuable work."

"This infrastructure will secure American leadership in AI, create hundreds of thousands ...