SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

Altman said that a project like Stargate might not have been possible with "a different president."

President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.

The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.

Elon Musk and Sam Altman publicly clashed over Donald Trump's $500 billion AI project, with Musk claiming in the public that OpenAI and SoftBank don't

OpenAI CEO Sam Altman, Oracle founder Larry Ellison and SoftBank CEO Masayoshi Son comment on President Trump’s Stargate AI investment project in an interview with FOX News anchor Bret Baier on ‘Special Report.

The Stargate project has big implications for U.S. AI leadership, but also for who's winning the new president's ear.

The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE:ORCL), and Abu Dhabi’s MGX.

We're learning more about a massive artificial intelligence infrastructure bill announced Tuesday by President Donald Trump.

Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the venture has much less cash.

They don’t actually have the money,” Elon Musk wrote on his social media platform, exposing an early internal rift within the White House.