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On the evening of Jan. 21, 2025, President Trump on his first full day in office unveiled what he characterized as a “monumental undertaking” that would prove an exemplar of economic triumphs to come, and that he himself orchestrated. From a podium framed by the Roosevelt Room’s white-columned fireplace, Trump announced the formation of the Stargate Project, a head-spinningly huge, $500 billion joint venture that he lauded as “the biggest AI infrastructure project by far in history, all taking place right here in America … that will ensure the future of technology.” Shoulder-to-shoulder to the left of the POTUS stood three superstars of the AI firmament representing, in the host’s words, “a massive group of talent and money”—the principal Stargate partners, Oracle executive chairman Larry Ellison, OpenAI chief Sam Altman, and founder and CEO of Japan’s SoftBank, Masayoshi Son.
