Trump called Stargate the “largest AI infrastructure project, by far, in history.” OpenAI said in a press release that Stargate is a “new company which intends to invest $500 billion over the next four years building new AI infrastructure for OpenAI in the United States,” adding that it will begin deploying $100 billion “immediately.”

As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged. Companies such as Oracle Corp.