President Donald Trump announces project “Stargate” worth nearly $500 billion, a major US investment to build infrastructure for Artificial Intelligence (AI) led by Japanese giant Softbank, Oracle and ChatGPT-maker OpenAI.
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00:00Together, these world-leading technology giants are announcing the formation of Stargate.
00:07So put that name down in your books, because I think you're going to hear a lot about it
00:12in the future.
00:13A new American company that will invest $500 billion, at least, in AI infrastructure in
00:19the United States and very, very quickly moving very rapidly, creating over 100,000 American
00:26jobs almost immediately.
00:28This monumental undertaking is a resounding declaration of confidence in America's potential
00:34under a new president.
00:37Let me be—a new president, I didn't say it, they did.
00:41So I appreciate that, fellas.