OpenAI CEO Sam Altman, Oracle founder Larry Ellison and SoftBank CEO Masayoshi Son comment on President Trump’s Stargate AI investment project in an interview with FOX News anchor Bret Baier on ‘Special Report.
At a press conference capping his first full day back in the White House, Donald Trump stood beside three of the most influential executives in the world—Sam Altman of OpenAI, Larry Ellison of Oracle,
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment would start with $100 billion, plus a goal of $500
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
Nothing was bigger, however squishy in detail, than what Altman had Trump announce on Tuesday at the White House: a $500 billion plan—dubbed Stargate—to build infrastructure needed to make Altman’s AI dreams real. Technology that, Altman said, holds the promise of someday helping cure diseases at unprecedented rates.
The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.
President Trump announced billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.
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.
Samsung introduced its Galaxy S25 series with enhanced AI and camera features. Donald Trump delayed the TikTok ban, suggesting Elon Musk or Larry Ellison could purchase it. Tensions escalated between Musk and Sam Altman over the large-scale Stargate AI project.
President Donald Trump kicked off his second term with a flurry of executive actions on immigration, Jan. 6, health policy and more.