President Donald Trump announced today the launch of "Project Stargate," a monumental $500 billion investment in artificial intelligence (AI) infrastructure.

This initiative is a collaborative effort with industry titans OpenAI, SoftBank Group Corp., and Oracle Corp., aiming to establish state-of-the-art data centers and related infrastructure projects across the nation.

The announcement, made at the White House, highlighted the project's potential to create over 100,000 American jobs, with an initial $100 billion investment set to commence immediately.

President Trump emphasized that this venture would not only bolster the economy but also position the United States at the forefront of AI advancements, countering competitive pressures from nations like China.

WATCH:

Below is the press release from the woke OpenAI (ChatGPT):

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