President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project,

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.

Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.

The Stargate Project announced at the White House plans to invest $500 billion; Elon Musk has already blasted the plan

President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."

The Stargate project outlines a commitment to spend $500 billion over the next four years to develop advanced AI infrastructure primarily across the United States.

US President Donald Trump has announced a $500 billion AI project called “Stargate” that will be led by ChatGPT creators OpenAI, SoftBank and Oracle.

AI initiative Stargate, backed by Oracle, OpenAI, and SoftBank, will focus on infrastructure, starting with data centers in Texas.

The announcement is set to reshape the tech sector and create hundreds of thousands of jobs. Where does Australia fit in, and what does Elon Musk have to say?

The S&P 500 climbed to 6,100 for the first time during Wednesday's session. Traders cheered strong earnings and an AI initiative Trump announced on Tuesday.