• 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

Ethereum Price Volatility Amid DeFi Security Breaches

chest

Recent security challenges in decentralized finance, particularly the breach at Ribbon Finance, have led to significant market volatility, with Ethereum's price dropping by 32.20% over the last 90 days.

user avatarLucas Weissmann

Spotify Unveils AI-Controlled Playlists for Enhanced Curation

chest

Spotify announces the launch of AI-controlled playlists to enhance user-curated music experiences.

user avatarFilippo Romano

Stablecoins Propel 273% Growth in Web3 Gaming Industry

chest

Stablecoins are driving 273% growth in the Web3 gaming sector, marking a shift towards a more stable market with a focus on genuine player engagement.

user avatarEmily Carter

Coinbase to Suspend Trading Pairs in December 2025

chest

Coinbase Global, Inc will suspend trading for specific order books, including ANKRGBP and AXSEUR, effective December 15, 2025, to consolidate liquidity and improve market health.

user avatarTomas Novak

Experts Highlight Lack of Evidence Linking XRP Prices to ETF Inflows

chest

Experts highlight the lack of credible data connecting XRP price movements to ETF inflows.

user avatarKaterina Papadopoulou

Bitcoin's Price Action Remains Choppy Amid Key Support Levels

chest

Bitcoin's price is currently rangebound between critical zones, with buyers supporting the lower end.

user avatarMaya Lundqvist

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.