Joint venture Stargate will be building out data centers and beefing up electricity generation to support the fast-evolving artificial intelligence scene.

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.

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

President Donald Trump is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank

President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank

The commercial real estate giant has agreed to buy Industrious in a deal that values the coworking firm at about $800 million.

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.”

US President Trump announces USD 500 billion AI infrastructure investment with OpenAI, Oracle, and SoftBank forming Stargate.

Dallas-based real estate services firm CBRE has taken control of co-working firm Industrious — a bet on shared working space as more employees return to

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