Inside Trump’s $500,000,000,000 Stargate project with AI leaders
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Donald Trump has announced a multi-billion dollar project which he claims will bring ‘100,000’ jobs to America. SoftBank, OpenAI and Oracle Corp have announced the creation of a joint company called ‘Stargate’, which they say will invest $500 billion over the next four years in AI.
![[OpenAI CEO Sam Altman speaks during the Microsoft Build conference at the Seattle Convention Center Summit Building in Seattle, Washington on May 21, 2024. (Photo by Jason Redmond / AFP) (Photo by JASON REDMOND/AFP via Getty Images)]](https://metro.co.uk/wp-content/uploads/2025/01/SEI_235333725-580e.jpg?quality=90&strip=all&w=646)
Construction will begin soon in Texas. Rumours about the project began in early 2024, when Joe Biden was still in office. OpenAi said: ‘We will begin deploying $100 billion immediately. This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and generate massive economic benefit for the entire world.
‘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.’. Building the massive warehouses and facilities to house the servers and storage systems that power artificial intelligence will cost millions of dollars.
Trump said of the project: ‘Together these world leading technology giants are announcing the formation of Stargate…. ‘A new American company that will invest $500 billion at least in AI infrastructure in the United States…creating over 100,000 American jobs.’.
A similar move has been made in the UK by Keir Starmer, who said he plans for the government to invest £14,000,000,000 in the AI sector to drive economic growth, taking on the current giants of the US and China and hoping to attract billions of pounds of investment.
