OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.

Some of the most exclusive seats at President Donald Trump’s inauguration were reserved for powerful tech CEOs who also are among the world’s richest men.

At President Trump's inauguration, a notable assembly of tech billionaires, including Elon Musk, Mark Zuckerberg, and Jeff Bezos, marked the event. Significant donations from these industry leaders underscored their influence,

OpenAI, Oracle, and SoftBank formed Stargate, a new venture investing up to $500 billion in AI infrastructure in Texas. President Donald Trump talked up the partnership on Jan. 21, calling it ”a resounding declaration of confidence in America’s potential.

Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.

Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. AI infrastructure.

Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.