What is Stargate Project? Donald Trump will spend Rs 43 lakh crore for AI infrastructure in America

By News Update On Jan 22, 2025

Obnews Tech Desk: A big initiative for the development of Artificial Intelligence (AI) is starting in America. US President Donald Trump has announced the launch of new AI company Stargate. In the next four years, 500 billion US dollars i.e. approximately Rs 43 lakh crore will be invested in this project.

Focus on jobs and security through AI

An initial investment of US $ 100 billion will be made under the Stargate project. It not only aims to make America the global leader in AI, but it will also create thousands of new jobs. This project will strengthen America's economic position and will also provide strategic security.

American allies will also benefit

The Stargate project will not only re-accelerate industrialization in the US, but will also ensure security and technological benefits for its global allies. This is being considered a strategic step, which aims to further strengthen America's leadership role in the field of AI.

Who are the big names of the Stargate project?

Early investors and partners in the project include SoftBank, OpenAI, Oracle, and MGX. SoftBank CEO Masayoshi Son will take over as chairman of this project. Additionally, Microsoft, NVIDIA, Oracle and OpenAI will be its key technology partners.

Announcing The Stargate Project
The Stargate Project is a new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States. We will begin deploying $100 billion immediately. This infrastructure will secure…
— OpenAI (@OpenAI) January 21, 2025

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Will start from Texas

The initial phase of the Stargate project will be started from Texas. Sites are being identified to set up campuses at other locations. Partnerships have been formed with Oracle, NVIDIA and OpenAI to strengthen the AI infrastructure.

Sam Altman said a big thing

OpenAI CEO Sam Altman has expressed hope about this project. “Donald Trump will prove capable of attracting investment in AI infrastructure,” he said.