Major Companies Announce $500 Billion Investment In AI Infrastructure

According to PANews, U.S. President Donald Trump announced on Tuesday that three leading companies will make significant investments in artificial intelligence infrastructure. During a statement at the White House, Trump revealed that OpenAI, SoftBank, and Oracle will form a joint venture named 'Stargate,' with plans to invest $500 billion. Trump stated that he will support the advancement of this project through an emergency executive order.