Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.

Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.

The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.

Sam Altman's comments came amid a flurry of online exchanges between himself, Musk, and Microsoft over the $500 billion Stargate Project announced by Trump.

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a

“This will be the most important project of this era,” said Altman, CEO of OpenAI. Ellison noted that ... in the troubled office-sharing company WeWork. While Trump has seized on similar ...

Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the money promised for the investment actually wasn't there.

The president says their new entity, Stargate, will make a “tremendous investment” in what he says will be the “largest AI infrastructure project, by far, in history.”

SoftBank and OpenAI are the lead partners for Stargate ... which included a large stake in the troubled office-sharing company WeWork. According to the Associated Press, the initial plans ...

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

Elon Musk has sparked controversy by questioning the financial backing of Project Stargate, a massive $500 billion AI infrastructure initiative announced by President Donald Trump. The project, a collaboration between OpenAI,