The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.

President Trump has announced a major $500 billion AI infrastructure project in collaboration with SoftBank, Oracle, and OpenAI to boost AI advancemen

On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under the pseudonym “Dread Pirate Roberts.” Ulbricht has been serving a life sentence without parole since 2015, when he was convicted of multiple charges, including the distribution of narcotics.

President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.

Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.

Trump found a letter from Biden in the Oval Office's Resolute desk after a Fox News journalist reminded him to look for it.

President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.

The executive order directs the Department of Defense and the Department of Energy to lease federal sites to companies building AI infrastructure.

President Donald Trump has defended his decision to pardon people convicted of assaulting police officers during the attack on the Capitol and suggests there could be a place in U.S. politics for the Proud Boys extremist group,

"I think I should let people see it because was a positive for him in writing it," Trump said of Biden's letter to him.