Trump announces up to $500 billion investment to build AI infrastructure

Trump announces up to $500 billion investment to build AI infrastructure
thehill.com

by Alex Gangitano, Miranda Nazzaro • 10 days ago

President Trump announced a $500 billion initiative called Stargate to develop AI infrastructure during his second term. Key partners include OpenAI, SoftBank, and Oracle, aiming to create over 100,000 jobs. The project addresses the growing energy demands of AI technologies and aims to keep the U.S. competitive against foreign rivals. Trump’s collaboration with Silicon Valley marks a significant shift, especially as he repealed Biden's AI regulations, leaving the sector in a regulatory gray area.

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