Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the investment would start with $100 billion, plus a goal of $500

Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.

The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.

A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.

The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.

Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.

Donald Trump and three top tech firms announced on Tuesday that they would create a new company called Stargate to grow artificial intelligence infrastructure in the U.S. The President also said the three companies will collaborate and invest $500 billion in the AI infrastructure project.

President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and SoftBank to invest billions of dollars in AI infrastructure in the United States.