Trump Announces $500B Stargate AI Infrastructure Initiative

President Donald Trump announced a $500 billion investment in a venture named Stargate, aimed at establishing the United States as a leader in artificial intelligence infrastructure. This initiative, backed by tech giants including OpenAI, SoftBank, and Oracle, will focus on building data centers and creating over 100,000 jobs across the U.S. The project aims to revolutionize industries such as healthcare by enabling advancements like early cancer detection through AI. The immediate deployment of $100 billion will kickstart construction, with Texas being the first state to host these massive data centers. This collaboration is expected to bolster national security and foster economic growth, positioning America at the forefront of AI innovation. The announcement was made alongside notable tech executives, with Trump emphasizing the strategic importance of keeping AI development within the U.S. to outpace global competitors.