President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States.
The project, dubbed Stargate, was unveiled at the White House by Trump, SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle co-founder Larry Ellison.
“What we want to do is we want to keep it in this country,” Trump said of AI, noting that China is a major competitor in the nascent industry.
