Trump Launches $500 Billion AI Project 'Stargate' with OpenAI, Oracle, and SoftBank

The initiative aims to expand U.S. AI infrastructure, but funding claims and regulatory concerns spark debate among tech leaders.

The Stargate project, announced by President Trump, involves a $500 billion investment over four years to build the largest AI infrastructure in U.S. history.
Key partners OpenAI, Oracle, and SoftBank have committed an initial $100 billion, with additional support from Microsoft, Nvidia, and Arm.
The initiative has sparked a public feud between Elon Musk and OpenAI CEO Sam Altman, with Musk questioning the project's financial backing and Altman defending its progress.
Critics warn that Trump's repeal of Biden-era AI safety regulations could exacerbate risks, including bias, data misuse, and lack of accountability in AI systems.
The project aims to create over 100,000 jobs and bolster U.S. competitiveness against China's advancing AI capabilities, with the first data center already under construction in Texas.