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.

SoftBank CEO Masayoshi Son speaks at a White House press conference on President Donald Trump's plan for AI infrastructure investment. MASA SON, SOFTBANK: Oh, thank you. That would be helpful. That's good.

The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.

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.

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

Masayoshi Son, the Japanese tycoon helming U.S. President Donald Trump's big new AI push, is the son of an immigrant pig farmer with a spectacular but also sketchy investment record. Trump's "friend Masa" was born in Japan in 1957 to ethnic Korean parents who scratched a living rearing chickens

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 billion over the course of four years.

After scrapping the Biden administration’s executive order on artificial intelligence, President Donald Trump announced a half-a-trillion-dollar AI infrastructure plan alongside some of the technology’s top leaders.

Last month, Trump announced with SoftBank's Son in Mar-a-Lago that SoftBank would invest $100 billion in US projects over the next four years, creating 100,000 jobs. Those investments will focus on infrastructure that supports AI, including data centers, energy generation, and chips, according to a source.

Sam Altman, CEO of OpenAI, sparred Wednesday with Elon Musk over funding for a Trump-backed AI infrastructure project one day after he stood with the president in the White House to announce the project.

President Donald Trump has announced several notable private sector investments into the U.S. tech sector in the wake of his electoral victory as he looks to tout economic momentum.

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.