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.

SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later. For a Japan Inc anxious about how to navigate the second term of President Donald Trump - and the threat of steep tariffs or other punitive measures - that approach may not be so easy to replicate.

The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a

President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.

President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.

While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.

President Trump has announced a major $500 billion AI infrastructure project in collaboration with SoftBank, Oracle, and OpenAI to boost AI advancemen

When Biden's AI Order was established, half a dozen US politicians applauded the measure alongside industry executives like Microsoft President Brad Smith, who called it a "critical step forward in the governance of AI technology" (In October, Microsoft founder Bill Gates quietly supported Kamala Harris for president with a $50 million donation).