President Donald Trump delivered remarks at the White House on January 21, 2025, announcing a major private sector investment in artificial intelligence (AI) infrastructure in the United States14. The key points of his speech include:
- Announcement of Stargate: Trump unveiled a new American company called Stargate, formed by leading technology firms, which will invest $500 billion in AI infrastructure in the United States14.
- Job creation: The Stargate project is expected to create over 100,000 American jobs almost immediately15.
- Private sector collaboration: Trump was joined by CEOs of major tech companies, including SoftBank, OpenAI, and Oracle, to announce this investment4.
- Infrastructure development: Stargate will build physical and virtual infrastructure to power the next generation of AI advancements, including the construction of colossal data centers1.
- Energy support: Trump mentioned plans to help the project through emergency declarations, particularly to facilitate electricity production for the AI facilities5.
- Economic impact: The president framed this investment as part of a larger effort, claiming to have secured nearly $3 trillion in new investments for the United States by the end of his first full business day in office5.
- Competition with China: Trump emphasized the importance of keeping AI development in the United States, mentioning China as a competitor5.
This announcement signals the Trump administration’s aggressive stance on AI development and infrastructure investment, aiming to position the United States as a leader in this technology sector16.
Video: The White House