A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

The Stargate Project announced at the White House plans to invest $500 billion; Elon Musk has already blasted the plan

On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."

Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.

President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."

AI initiative Stargate, backed by Oracle, OpenAI, and SoftBank, will focus on infrastructure, starting with data centers in Texas.

US President Donald Trump has announced a $500 billion AI project called “Stargate” that will be led by ChatGPT creators OpenAI, SoftBank and Oracle.

Uncertainty from the second term of US President Donald Trump is expected to become a regular theme, haunting the capital market this year, Financial Supervisory Commission Chairman Peng Jin-lung (彭金隆) said yesterday.

Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the money promised for the investment actually wasn't there. The Stargate project is committed to invest an initial $100 billion in the project,

The S&P 500 hit an intraday record of 6,100 before closing just near those levels. The Nasdaq too was back above the 20,000 mark, ending with gains of 1.3%. The Dow Jones gained o