Texas Border Business
January 21, 2025–In a groundbreaking announcement at the White House yesterday, President Donald Trump revealed a game-changing initiative in artificial intelligence infrastructure called Stargate. Supported by technology giants OpenAI, Oracle, and SoftBank, the initiative promises to invest at least $500 billion over the next four years to build state-of-the-art data centers across the United States.
President Trump, accompanied by key figures in the tech industry, highlighted the project’s significance in boosting the United States’ position as a global leader in technology.
“Together, these world-leading technology giants are announcing the formation of Stargate, a new American company that will invest $500 billion, at least, in AI infrastructure in the United States,” Trump stated. “And very, very quickly moving—creating over 100,000 American jobs almost immediately.”
He stressed the importance of maintaining technological innovation within U.S. borders, positioning the initiative as a strategic response to international competition. What we want to do is keep it in this country. China is a competitor, and others are competitors. We want it to be in this country,” Trump remarked. He added that emergency declarations could expedite the project’s timeline.
The announcement was a collaborative effort. OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, and Oracle co-founder and Chairman Larry Ellison stood alongside the President to pledge their commitment.
Altman praised the President’s leadership, saying, “I’m thrilled we get to do this in the United States of America. I think this will be the most important project of this era. And as Masayoshi said, for a GI to get built here, to create hundreds of thousands of jobs to create a new industry centered here, we wouldn’t be able to do this without you, Mr. President.”
The potential of AI investments in healthcare and pandemic prevention was also mentioned. This type of investment will lead to vaccines that prevent cancers, personalized medicines, and early detection of things like, for instance, COVID.
Masayoshi Son emphasized Stargate’s importance in shaping AI’s future while creating substantial economic benefits. “This is a vision of the future—a future powered by innovation, jobs, and leadership in technology,” Son noted.
The first of the Stargate data centers will be constructed in Texas, and additional centers are planned for other states. The initiative is expected to create over 100,000 jobs almost immediately, marking a substantial economic boost. The leaders also teased the possibility of further investments from additional stakeholders, but specifics have yet to be announced.
As the U.S. positions itself at the forefront of AI development, Stargate is evidence of the collaboration between government and industry leaders. With $100 billion already pledged upfront, the project aims to set a global benchmark in AI infrastructure, medical research, and job creation.
President Trump concluded the announcement with urgency and determination: “We have to get this stuff built.”
This historic initiative has already sent ripples through the pre-market as tech stocks react to the news, and anticipation builds for the game-changing power of AI-driven innovation on American soil.