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Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
ORCLOracle(ORCL) CNBC·2025-01-21 19:06

U.S. President-elect Donald Trump looks on as SoftBank CEO Masayoshi Son delivers remarks at Trump’s Mar-a-Lago resort on December 16, 2024 in Palm Beach, Florida.President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States, CNBC's Eamon Javers and NBC News' Peter Alexander report.The project, dubbed Stargate, will be unveiled at the White House by Trump, Softbank CEO Masayoshi Son and executives from Or ...