Donald Trump Introduces $100 Billion Project in the Field of Artificial Intelligence! It Concerns an Altcoin! Is a Cryptocurrency Decision Next?

According to CBS News, President Donald Trump is preparing to announce a major private sector investment aimed at strengthening artificial intelligence (AI) infrastructure in the United States.

The initiative called Stargate is a joint venture involving OpenAI, SoftBank, and Oracle, pledging initially $100 billion and up to $500 billion in the next four years.

Sam Altman, the CEO of OpenAI, is also the founder of another artificial intelligence and cryptocurrency project, Gate.io (WLD).

SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle co-founder Larry Ellison are expected to join Trump at the White House later today for the announcement.

The Stargate project will start with the construction of a state-of-the-art data center in Texas and is planned to be expanded to other states in the future. While other investors are expected to participate in the initiative, their identities have not yet been disclosed.

Partnership highlights a significant private sector move to strengthen the US's technological leadership. According to informed sources about the project, Stargate was designed to provide infrastructure with adapted infrastructure to meet the increasing demand for high-performance computing power and to prepare the ground for the latest artificial intelligence applications and services.

The initiative has received backing from NetChoice, a trade organization that represents major tech companies such as Amazon, Google, and Meta. The group praised Trump's reversal of Biden-era regulations on energy production and AI governance, calling the moves "critical" to ensure U.S. leadership in AI innovation. "Reducing regulatory barriers is essential to fostering an environment in which technological advances can thrive," NetChoice said in a statement.