Former President Trump has announced an unprecedented $500 billion AI infrastructure initiative called "The Stargate Project," partnering with tech giants.

Paul Pelosi’s trades include purchase of shares of an artificial intelligence company that has seen its stock soar nearly 50% in the last week.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.

AI initiative Stargate, backed by Oracle, OpenAI, and SoftBank, will focus on infrastructure, starting with data centers in Texas.

The United States has taken another step toward cementing its leadership in artificial intelligence (AI) with the announcement of an ambitious $500 billion project spearheaded by President Donald Trump.

Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at economic softening.

The Stargate project represents a bold step toward reshaping America’s AI future. Despite criticism and scepticism from industry leaders like Elon Musk, proponents such as Sam Altman remain confident in its transformative potential.

Trump's America-first philosophy and penchant for deregulation will shape the AI landscape in the years to come.

The Stargate project outlines a commitment to spend $500 billion over the next four years to develop advanced AI infrastructure primarily across the United States.

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.