Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
The president announced a major AI investment project, which Oracle Chairman Larry Ellison said could be used to cure cancer.
President Donald Trump unveiled the $500 billion Stargate Project for AI infrastructure in the US, sending AI cryptos surging.
Altman said that a project like Stargate might not have been possible with "a different president."
President Donald Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence led by Japanese giant Softbank, cloud giant Oracle and ChatGPT-maker OpenAI.
Stargate involves OpenAI, SoftBank, and Oracle committing $100 billion initially with plans to expand to $500 billion over four years.
OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House. Trump said he will help facilitate the project with emergency orders.
From the friendships he has formed, to the public's perception of the MAGA leader, much has changed since Trump last took the oath of office.
In the years since Sen. Mike Lee and Elon Musk first began exchanging posts, the businessman has only seen his political power — and wealth — grow.
As the World Economic Forum begins in Davos, business leaders are talking about what AI and Donald Trump will mean in 2025.