Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.

Sam Altman, the CEO of OpenAI, has announced a shift in his previously critical perspective on President Donald Trump. Newsweek has contacted OpenAI and the White House for comment via email. Altman's announcement came one day after Trump named OpenAI,

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."

Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the development of a cancer vaccine.

Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project.

The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.

President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go against his goal of eliminating such programs.

Putting aside his vexing meme-coin launch before his inauguration, the president’s new artificial intelligence initiative, Project Stargate, has made waves across financial markets. Announced Tuesday, the move captures a $500 billion investment from OpenAI, Oracle, SoftBank and MGX, a firm tied to the sovereign wealth fund of the UAE.

Big tech companies like Meta, Apple, Amazon, Google, Microsoft, OpenAI, and Uber have each donated $1 million for the inauguration

AI-focused cryptocurrencies have posted gains following Donald Trump’s announcement of a $500 billion private-sector investment initiative in AI infrastructure