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The Independent UK
The Independent UK
National
Josh Boak and Zeke Miller

Donald Trump announces up to $500bn investment in AI project

Trump Inauguration - (Copyright 2025 The Associated Press. All rights reserved)

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

The new entity, Stargate, will start building out projects needed for the further development of the fast-evolving AI in Texas, according to the White House.

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