In a groundbreaking move, former President Donald Trump launched the Stargate initiative, a massive artificial intelligence infrastructure project backed by a consortium of tech titans including Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son. This ambitious venture aims to revolutionize industries like healthcare through substantial investments in AI data centers across the United States.

Speaking on Fox News, Ellison highlighted the transformative potential of Stargate, emphasizing its impact on medicine and beyond. He envisioned a future where AI could prevent diseases like cancer, personalize treatments, and provide early warnings for pandemics like COVID-19. Altman echoed this sentiment, expressing his belief that the project's scale reflects the anticipated advancements in AI technology and its potential to benefit humanity.

With an initial investment of $100 billion, slated to grow to $500 billion over four years, Stargate’s first data center is planned for Texas, with expansion to other states on the horizon. This initiative aims to solidify the United States as a leader in AI and artificial general intelligence (AGI) development. Son stressed the necessity of significant capital for such a transformative project, emphasizing its potential for the betterment of humanity. He praised Trump’s vision for a golden age in America, aligning with the project's ambitious goals.

This announcement comes on the heels of other substantial private investments secured by Trump, totaling $1 trillion according to a White House official. These investments span various projects and underscore a commitment to fostering economic growth and technological advancement within the United States.