At a press conference capping his first full day back in the White House, Donald Trump stood beside three of the most influential executives in the world—Sam Altman of OpenAI, Larry Ellison of Oracle,

OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.

The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however,

OpenAI CEO Sam Altman will brief U.S. officials on super-agents—AI systems set to revolutionize software development, finance, and event planning.

The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.

The Stargate announcement prompted immediate skepticism over whether it would come to fruition, or represented new spending by the companies.

With speculation online about OpenAI having reached the AGI stage of ChatGPT development, Sam Altman says that's not what's happening.

The companies expect to commit $100 billion to Stargate initially and invest $500 billion into the venture over the next four years.

The US has unveiled Stargate, a $500 billion AI initiative supported by major tech players like SoftBank and Oracle, aimed at maintaining a competitive edge over China. Elon Musk has raised concerns over the project's funding,

President Donald Trump spoke with OpenAI CEO Sam Altman by phone on Friday, ahead of the AI infrastructure announcement, CNBC has learned.

Elon Musk and OpenAI CEO Sam Altman are in a dispute over the Stargate AI project proposed by Donald Trump, which aims to invest $500 billion in AI infrastructure. Musk questions the necessity of the funding while Altman defends the project as beneficial for the country.