• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

$500 Billion Initiative: AI Development and New Jobs in the U.S.

user avatar

by Giorgi Kostiuk

a year ago


U.S. President Donald Trump announced a major initiative, 'Stargate,' aiming to develop AI infrastructure with a creation of 100,000 new jobs and $500 billion investment.

Announcement and Goals of the Stargate Project

Trump unveiled the 'Stargate' project aiming to strengthen U.S. AI leadership and prevent technology from moving to rival countries like China. Emergency measures were taken to expedite the project.

OpenAI, SoftBank, and Oracle lead the investment group which will put $100 billion into the project right away.Donald Trump

Participants and Investments

OpenAI confirmed that the first data centers are being constructed at Oracle’s Abilene, Texas facility. The project also involves Microsoft, Nvidia, and Arm with a total of $400 billion slated for the next four years.

Technological Capabilities and Impact

According to Larry Ellison from Oracle, Stargate technology can enhance healthcare planning and improve national security. The project supports U.S. manufacturing growth.

'Our project supports U.S. manufacturing growth while making America more secure through advanced artificial intelligence development.'Larry Ellison

'Stargate' will bolster U.S. technological leadership in AI infrastructure development and contribute to national security.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Pi Token Struggles as Price Drops Below 0.18

chest

The Pi token has faced a significant decline in price, dropping to under 0.18 amidst worsening geopolitical tensions.

user avatarMaria Gutierrez

Zhipu AI Halts New Signups for GLM Coding Plan Amid Rising Demand

chest

Zhipu AI has halted new signups for its GLM Coding Plan due to high demand and computational constraints, reducing new user capacity to 20.

user avatarDavid Robinson

Investment Focus Shifts to Infrastructure and Real-World Assets

chest

Investment patterns are shifting towards infrastructure and real-world asset tokenization.

user avatarAndrew Smith

Trump Orders Military Operation in Venezuela

chest

At the start of 2026, President Donald Trump ordered a military operation in Venezuela, resulting in the capture of the country's leader, Nicolas Maduro, and his wife.

user avatarTando Nkube

AI Chatbots Predict Bitcoin's Fate Amid Greenland Acquisition Talks

chest

AI chatbots provide varying predictions on Bitcoin's value amid discussions of the US acquiring Greenland.

user avatarSon Min-ho

XRP Develops Large Cup and Handle Pattern Indicating Long-Term Accumulation

chest

XRP is developing a large cup and handle pattern, indicating long-term accumulation.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.