Trump announces $500B “Stargate” AI infrastructure project with AGI aims
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the “largest AI infrastructure project in history.”
The goal is to kickstart building more datacenters to expand computing capacity for current and future AI projects, including OpenAI’s goal of “AGI,” which the company defines as a highly autonomous AI system that “outperforms humans at most economically valuable work.”
“This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world,” wrote OpenAI in a press statement. “This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies.”
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