Anthropic CEO Dario Amodei said it was an "evocative phrase for all the power and all the positive things" and "all of the potential negative things."

The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 billion into artificial intelligence infrastructure over the next four years. Other partners also include Nvidia, Microsoft and ARM— companies that have all been paramount to the significant AI boom in recent years.

Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.

Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data centers in Texas.

Uptime Institute predicts the data center industry in 2025 will face pressure over resource consumption, grid integration challenges, and AI infrastructure requirements.

OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Chairman of Oracle appeared is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce a massive private sector investment in artificial intelligence infrastructure in the United States.

President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

He opens federal land for data centers but only with renewable power.

The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.

AI is rapidly advancing, with significant strides being made toward achieving more powerful and capable systems.