Donald Trump is set to announce a $100 billion AI infrastructure investment.

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Donald Trump is set to announce billions of dollars in private investment in massive artificial intelligence infrastructure backed by OpenAI, SoftBank and Oracle.

Stargate, the joint venture, was poised to receive an initial $100 billion cash injection from the tech giants, rising to $500 billion over the next four years, according to two people familiar with the matter.

Microsoft is involved in the project as a technology partner, one of the people said on Tuesday.

Stargate will be announced by the president at the White House on Tuesday afternoon, with SoftBank chief Masayoshi Son, OpenAI chief Sam Altman and Oracle founder Larry Ellison in attendance.

The plans, first reported by CBS News, come as tech executives look to court Trump, who began his second term in the White House on Monday.

Stargate aims to develop new training and operational capabilities. AI Models. The public briefed on the plan is to build a data center project first in Texas before expanding to other states.

OpenAI declined to comment, while Microsoft, Oracle and SoftBank did not respond to requests for comment. Other investors and technology partners are also expected to join the project.

Over the past two years, the rapid development of AI systems has stretched America’s infrastructure, with data centers emerging as a particular bottleneck. Cutting-edge models such as OpenAI’s ChatGPT, Google’s Gemini, and Anthropic’s Claude chatbots require large amounts of data and computing power to train and run.

That has sparked discussions among AI executives, their business partners and governments about improving national infrastructure.

Earlier this month, Hussain Sajavani, chairman of Dubai-based proprietary developer Damac, announced plans to invest at least $20 billion in US data centers during a meeting with Trump at the Mar-a-Lago resort in Florida.

Prominent figures in the AI ​​field, including OpenAI’s Altman, have argued that better infrastructure is necessary to develop the next level of AI models and compete with China for technological dominance.

Altman said earlier this month that the Trump administration could boost domestic AI companies with “American-built infrastructure and more.”

“The thing I agree with the president most about is how hard it is to build things in the United States. Power plants, data centers, all kinds of things,” he said in an interview with Bloomberg.

In his inaugural address on Monday, Trump promised that the US would be entering an “exciting new era of national achievement,” though he did not say anything specific about AI technology.

Last month, Trump called a different SoftBank. They have pledged to invest $100 billion. It was not clear whether the Stargate investment was part of SoftBank’s earlier pledge to be a “big show of confidence in America’s future” in the US.

Additional reporting by Rafe Udine and Alex Rogers