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Trump Announces the Stargate AI Infrastructure Investment, Jan. 21, 2025

January 21, 2025 · The White House · 0:46:25

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

President Donald Trump gave remarks on U.S. infrastructure investment at the White House on Jan. 21, 2025, his first full day in office, carried on the White House channel. He was joined by Oracle Executive Chairman Larry Ellison, SoftBank CEO Masayoshi Son, and OpenAI CEO Sam Altman, whom he introduced as a massive group of talent and money.

Together, he announced, the companies were forming Stargate, “a new American company that will invest $500 billion at least in AI infrastructure in the United States, and very quickly, moving very rapidly, creating over 100,000 American jobs almost immediately,” as he stated the figures. He called the undertaking a resounding declaration of confidence in America’s potential under a new president, and said the point was to keep the future of the technology in this country against competitors including China, as he framed it.

Why it matters

The Stargate announcement is the first major investment claim of the term — $500 billion and 100,000 jobs, as stated on Jan. 21, 2025 — and the benchmark against which this chronicle measures the administration’s running investment tally.

Scoreboard watch

Scoreboard candidate: the Stargate announcement ($500B AI infrastructure investment; 100,000+ jobs) as stated on Jan. 21, 2025 — flagged for the scoreboard/promise record (review-gated).

Sources: The White House, “President Trump Gives Remarks Regarding U.S. Infrastructure Investment” (YouTube, 2025-01-21) — official description and broadcast transcript as aired.