Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
NBCJAN 28
Trump Unveils $500B Stargate AI Project With Tech Giants
Above: Donald Trump with SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman on Jan. 21, 2025, in Washington, DC. Image copyright: Andrew Harnik/Staff/Getty Images News via Getty Images
The Spin
Narrative A
The Stargate project highlights America's commitment to maintaining technological superiority over China in the AI race. The venture will create thousands of jobs, ensure critical AI infrastructure remains within US borders, and establish a foundation for future economic growth through strategic partnerships with leading world-class tech companies.
Narrative B
The massive scale of AI infrastructure development raises serious concerns about environmental sustainability and energy consumption, potentially straining local power grids and departing from clean energy initiatives. Additionally, as geopolitical tensions ratchet higher across the globe, the role of foreign investors in critical US AI technology infrastructure is a perilous proposition.