President Donald Trump annouces $500B private sector investment in AI infrastructure

On the second day of his second term, President Donald Trump announced up to $500 billion private sector investment in building AI infrastructure in the United States, according to a CBS News report.

The investment is expected to come from artificial intelligence and technology organizations such as OpenAI, Oracle and SoftBank.

Companies to form joint venture, Stargate

In conjunction with the major investment news, companies including OpenAI, Oracle and SoftBank will form a joint venture called Stargate. Masayoshi Son, CEO of Softbank, Larry Ellison, CTO of Oracle and Sam Altman, CEO of OpenAI were at the White House on January 21 as part of the announcement.

The three executives, according to reports, committed $100 billion initially to the program, and will ramp up funding to up to $500 billion over the next four years.

Sources told CBS News that the first Stargate development will be a data center in Texas, with more to be built in other states.

Artificial intelligence in robotics

AI has been at the forefront of robotics innovations for years. New robots, components, sensors and software often feature some semblance of artificial intelligence.

Following President Trump’s second inauguration on January 20, 2025, he signed an executive order revoking an executive order from President Joe Biden that was signed in 2023. The Biden executive order sought to reduce AI's risks to consumers, workers and national security.

According to a 2024 PMMI Report, in conjunction with research firm Interact Analysis, “By addressing concerns and following best practices, companies can successfully integrate AI and reap its long-term benefits.”