President Trump announces 'Stargate' venture to invest $500 billion in AI infrastructure

President Trump, joined by the CEOs of OpenAI, SoftBank and Oracle, announced a $500 billion private sector investment to build artificial intelligence infrastructure. It's a joint venture of the three companies collectively called Stargate. Read more: https://abcnews.link/6j9WB29 ––– Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G ABC News is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. Download the ABC News app for the latest headlines and alerts: https://abcnews.go.com/devices Watch 24/7 coverage of breaking news and live events on ABC News Live: https://www.youtube.com/watch?v=gN0PZCe-kwQ&ab_channel=ABCNews Watch full episodes of World News Tonight with David Muir here: https://youtube.com/playlist?list=PLQOa26lW-uI8ixlVw1NWu_l4Eh8iZW_qN&feature=shared Read ABC News reports online: http://abcnews.go.com ABC News is the home to the #1 evening newscast “World News Tonight with David Muir," “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast “Start Here.” Connect with ABC News on social media: WhatsApp: https://whatsapp.com/channel/0029VajTNakKWEKkXoAPIR11 Facebook: https://www.facebook.com/ABCNews Instagram: https://www.instagram.com/abcnews TikTok: https://www.tiktok.com/@abcnews X: https://twitter.com/ABC Threads: https://www.threads.net/@abcnews LinkedIn: https://www.linkedin.com/company/abcnews #artificialintelligence #trump #news #abcnews