Trump announces artificial intelligence infrastructure project
Baku, January 22, AZERTAC
President Donald Trump announced billions of dollars in private sector investment Tuesday to build artificial intelligence (AI) infrastructure in the US, Anadolu Agency reported.
"We're starting off with tremendous investment coming into our country at levels that nobody's really ever seen before," Trump said in the Roosevelt Room at the White House on the first full day of his second term in office.
Trump said OpenAI, SoftBank and Oracle will form a joint venture called Stargate.
"That's a massive group of talent and money together. These world-leading technology giants are announcing the formation of Stargate...A new American company that will invest $500 billion at least in AI infrastructure in the United States...creating over 100,000 American jobs," he added.
The president also said he will help facilitate the project "a lot through emergency orders."
FEEDBACK
Other news in this section
- 13.11.2026 [22:41]
Germany to host summit of Ukraine allies next week
- 13.11.2026 [21:13]
Euclid offers best-ever 3D map of the universe to date
- 13.11.2026 [20:47]
Microsoft outage disrupts European businesses, public services
- 13.11.2026 [17:39]
Chapo calls on international community to honor climate commitments
- 13.11.2026 [16:37]
What we know about the global Microsoft outage
- 13.11.2026 [16:33]
11 killed as passenger van plunges into river in northern Pakistan
- 13.11.2026 [16:22]
Pakistan’s diabetes burden reaches 34.5 million: WHO
- 13.11.2026 [15:11]
4,950 people evacuated amid flooding in Myanmar's Shan state
Germany to host summit of Ukraine allies next week
- 13.11.2026 [22:41]
Azerbaijani joins International Congress of Young Scientists in Kazakhstan
- 13.11.2026 [22:24]
Azerbaijan, Vietnam review mutual investment opportunities
- 13.11.2026 [22:15]
First Ministerial Meeting on CIGET initiative held at COP31
- 13.11.2026 [21:27]
Euclid offers best-ever 3D map of the universe to date
- 13.11.2026 [21:13]
Microsoft outage disrupts European businesses, public services
- 13.11.2026 [20:47]
Top stories update
- 13.11.2026 [20:00]
Ghanaian delegation visits Sumgayit Industrial Park
- 13.11.2026 [19:49]
Discussions held on establishing Azerbaijan House in Düsseldorf
- 13.11.2026 [19:08]
“Zero-Waste Sustainable Living” project presented as part of COP31
- 13.11.2026 [18:40]
Azerbaijan’s Victory Day marked in Sofia
- 13.11.2026 [18:26]
President Ilham Aliyev concluded working visit to Ireland VIDEO
- 13.11.2026 [18:20]
Azerbaijan pavilion hosts panel discussions as part of COP31
- 13.11.2026 [18:11]
Turkish deputy minister visits Azerbaijan pavilion at COP31
- 13.11.2026 [17:59]
Chapo calls on international community to honor climate commitments
- 13.11.2026 [17:39]
What we know about the global Microsoft outage
- 13.11.2026 [16:37]
11 killed as passenger van plunges into river in northern Pakistan
- 13.11.2026 [16:33]
Pakistan’s diabetes burden reaches 34.5 million: WHO
- 13.11.2026 [16:22]
Azerbaijani kickboxer claims 13th European title
- 13.11.2026 [16:16]
Azerbaijani Defense Minister extends condolences to Turkish counterpart
- 13.11.2026 [15:30]
4,950 people evacuated amid flooding in Myanmar's Shan state
- 13.11.2026 [15:11]
Azerbaijan’s Central Bank, World Bank discuss future cooperation
- 13.11.2026 [14:58]
Oil prices decline on global markets
- 13.11.2026 [14:43]
Baku hosts Second AI Summit
- 13.11.2026 [14:30]
43 militants killed in security operations in NW Pakistan
- 13.11.2026 [14:25]
Type 2 diabetes linked to 53 pct higher Alzheimer's risk: study
- 13.11.2026 [14:24]
Azerbaijan’s Media and Broadcasting Council issues statement
- 13.11.2026 [14:20]
Another thematic day at COP31 focuses on finance and trade
- 13.11.2026 [14:19]
Opening ceremony of “Eternity-2026” exercise held in Baku
- 13.11.2026 [11:57]
Gold prices rise, while silver declines on global markets
- 13.11.2026 [10:24]
Azeri Light sells for $99
- 13.11.2026 [10:15]
Leyla Aliyeva holds a series of meetings at COP31
- 13.11.2026 [02:47]
President Ilham Aliyev met with President of Lithuania in Dublin VIDEO
- 13.11.2026 [00:27]
Zero Waste Museum inaugurated during COP31
- 12.11.2026 [22:21]
President Ilham Aliyev met with Prime Minister of Greece in Dublin VIDEO
- 12.11.2026 [22:05]
Azerbaijan, Kyrgyzstan discuss environmental issues on sidelines of COP31
- 12.11.2026 [21:14]
Junior Azerbaijani gymnast wins world silver in China
- 12.11.2026 [21:11]
Azerbaijan and Tajikistan discuss issues on environmental protection
- 12.11.2026 [21:09]
Azerbaijan, World Bank explore cooperation priorities
- 12.11.2026 [20:40]
Top stories update
- 12.11.2026 [20:00]
President Ilham Aliyev met with Prime Minister of Bulgaria in Dublin VIDEO
- 12.11.2026 [19:47]
Baku hosts 17th Azerbaijan-Türkiye High-Level Military Dialogue meeting
- 12.11.2026 [19:13]
Nvidia CEO Jensen Huang resigns; finance chief named interim leader
- 12.11.2026 [18:55]
Concert marking Azerbaijan`s Victory Day and State Flag Day held in Ashgabat
- 12.11.2026 [18:55]
Meeting of the TURKPA Young Parliamentarians held in Ankara
- 12.11.2026 [18:48]
EU clears €2.04bn support scheme for Belgian OWP
- 12.11.2026 [18:46]
Shusha represented at 20th World Conference of Historical Cities in Japan
- 12.11.2026 [18:45]
Azerbaijani and Tajik defense ministries hold meeting on UAV training
- 12.11.2026 [17:54]
Azerbaijani female boxer wins silver at Dakar 2026 Youth Olympic Games
- 12.11.2026 [17:35]
® ABB launches DigiLife online magazine!
- 12.11.2026 [17:24]
Azerbaijan’s Victory Day and National Flag Day celebrated in Cairo
- 12.11.2026 [17:21]
Azerbaijan conducts trade operations with 178 countries
- 12.11.2026 [16:59]
Azerbaijan, George Washington University expand educational partnership
- 12.11.2026 [16:51]
President Ilham Aliyev met with President of Moldova in Dublin VIDEO
- 12.11.2026 [16:26]
UN chief warns grid bottlenecks stall clean energy transition at COP31
- 12.11.2026 [16:08]
Azerbaijani judoka wins gold at European Deaf Judo Championships
- 12.11.2026 [16:06]
Train traffic disrupted in northern France following bomb alert
- 12.11.2026 [15:50]
Kazakhstan to restore over 2,000 km of canals under North Aral Sea project
- 12.11.2026 [15:36]
World premiere of Azerbaijani documentary “Birthday Candles” held in Tallinn
- 12.11.2026 [15:32]
President Ilham Aliyev met with President of Ukraine in Dublin VIDEO
- 12.11.2026 [15:30]
Tajikistan to assume CSTO chairmanship next year
- 12.11.2026 [15:19]