On January 21, 2025, President Donald Trump announced the launch of Stargate, a significant artificial intelligence (AI) infrastructure initiative in the United States. This project is a collaboration between OpenAI, SoftBank, and Oracle, aiming to invest up to $500 billion over the next four years to enhance the nation's AI capabilities.

Key Highlights:

Investment and Job Creation: The initiative will begin with an immediate investment of $100 billion, with plans to scale up to $500 billion. It's projected to create over 100,000 American jobs, bolstering the U.S. economy and technological leadership.

The Guardian

Infrastructure Development: Stargate will focus on constructing extensive data centers and related infrastructure to support AI advancements. The first data center is already under construction in Texas, with plans for further expansion.

The Guardian

Collaborative Effort: The announcement featured key figures such as OpenAI CEO Sam Altman, Oracle Chairman Larry Ellison, and SoftBank CEO Masayoshi Son, highlighting the unified commitment to advancing AI technology within the U.S.

This strategic move underscores the U.S. government's intent to maintain a competitive edge in AI development, particularly in response to global advancements in the field. By fostering domestic innovation and infrastructure, the Stargate project aims to position the United States at the forefront of AI technology.

Tokens likely to influenced

Chainlink (LINK), Render Token (RNDR), Filecoin (FIL) & Arweave (AR), SingularityNET (AGIX)Ocean Protocol (OCEAN), Fetch.ai (FET), The Graph (GRT)