On the day after his inauguration, President Donald Trump announced a project to expand artificial intelligence infrastructure in the US, calling it the biggest buildout of its kind in history “by far.”
The plan, dubbed “Stargate,” comes with a price tag of $500 billion and will be led by ChatGPT developer OpenAI, investment firm SoftBank Group Corp. and software giant Oracle Corp. Its backers say it will create hundreds of thousands of jobs and help to keep the US ahead of China in AI development.