Trump’s plan to put America into overdrive has met a new ally — Masa Son.
On Tuesday, the president unveiled Stargate, a $500 Billion AI infrastructure project, bankrolled by SoftBank’s Masayoshi Son, Oracle’s Larry Ellison, and OpenAI’s Sam Altman.
If you pause and think about the number for a second — $500 Billion is 1.8% of US’s GDP, 13% of India’s GDP, and twice what it cost to put a man on the moon.
The pitch: Stargate kicks off with $100 billion in funding and plans to build 10 AI data centers in Texas for now. The project is expected to create 10,000 jobs.
The players: SoftBank chairs the venture, with tech heavyweights like NVIDIA, Microsoft, and Oracle providing firepower.
Why it matters: with China ramping up its AI game, Stargate is America’s bold counterstrike. America has excess energy, plenty of land, and cheap risk capital — why not combine it all and see if intelligence can accelerate?
But here’s some counter perspective to balance the news out.
