Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.

According to CBS News, President Trump plans to announce billions of dollars in private sector investment to build AI infrastructure in the United States. From the report: OpenAI, Softbank and Oracle are planning a joint venture called Stargate, according to multiple people familiar with the deal. ...

President Donald Trump on Tuesday is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out projects needed for the further development of the fast-evolving AI in Texas, according…