Trump To Fund Stargate AI with $500 Billion
Multiple reports say that US President Trump will soon announce an investment of up to $500 billion in Stargate, a new joint research program on artificial intelligence, over the next four years. As of now, there is no official confirmation of this news.
It’s unclear how much the federal government will provide for the massive funding, and how much Stargate’s constituent companies, including OpenAI, SoftBank, and Oracle.
Jointly develop artificial intelligence with Stargate
Some concerns have been circulating since Donald Trump took office yesterday He would de-prioritize cryptocurrencies and artificial intelligence in the early stages of his tenure.
However, according to a new Report According to CBS, the Trump administration plans to Invest heavily in artificial intelligence technology Through a new program called Stargate.
According to multiple people familiar with the matter, OpenAI, SoftBank and Oracle are planning to establish a joint venture called Stargate. SoftBank CEO Masayoshi Son is expected to arrive at the White House on Tuesday afternoon, along with OpenAI’s Sam Altman and Oracle’s Larry Ellison. “
Specifically, the Trump administration will apparently invest $100 billion in Stargate in the first year. During his presidency, cash investments will increase to as much as $500 billion. Then if the proposal Comply with regulatory review.
It’s unclear how much of the money will come from the three companies as nothing has been officially announced.
Regardless, the Stargate program is a welcome surprise from the Trump administration. presidential new meme coin In essence there is Liquidity drained from the growing AI agent industry.
“Trump has been very quick to unite the tech industry to ensure we are at the forefront of artificial intelligence. The United States needs to dominate this race, and that can only happen with the cooperation of the private and public sectors.” wrote Aaron Levie, CEO of Box.
As BeInCrypto reported earlier, Virtuals Protocol revenue drops 99% January. this is surprising Artificial intelligence agents have recently been considered A strong investment category for 2025.
Still, there are doubts that the new administration will initially invest $100 billion in Stargate. Trump has Support DOGE as a way to reduce government spending. However, such an investment would account for a large portion of the entire U.S. budget.
Meanwhile, OpenAI’s current total valuation is around $150 billion. Therefore, this huge sum of money can only be barely afforded.
Whatever form the Stargate deal actually takes, AI investment under Trump still seems promising. this Crypto markets are already adjusting Prefer artificial intelligence to Trump-related meme coins.
If the deal goes through in any form, it could have a transformative impact on the industry.
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