Published 01/22/25 AT 7:05 AM EST Share on Facebook Trump said Stargate is 'the largest AI infrastructure project by far in history' SoftBank's Masayoshi Son will chair the project and OpenAI will be responsible for operations Elon Musk said SoftBank so far has 'under $10B secured' for the $500 billion project Other X users believe it's a bad idea to have OpenAI's Sam Altman in the project's leadership U.S. President Donald Trump has announced Stargate, the largest artificial intelligence infrastructure project in the country that will see $500 billion in investments into the American economy and is expected to create up to 100,000 jobs. Trump made the big announcement Tuesday night, saying AI titan OpenAI, Japanese investment holding company SoftBank, and cloud and AI giant Oracle are working on the venture. What is Stargate? According to the president, Stargate is "the largest AI infrastructure project by far in history, and it's all taking place right here in America." Trump noted how competition around AI is speeding up. As has been the case over the years, China is one of the top competitors, but other western nations are also picking up speed and Trump seeks to lead the entire race. 🚨 BREAKING: President Donald J. Trump announces the formation of 'Stargate,' the largest AI infrastructure project in American history This project will invest $500 BILLION into the U.S. economy and create over 100,000 American jobs. PROMISES MADE. PROMISES KEPT. pic.twitter.com/xjkPLO6Oj0