Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the venture has much less cash.

President Donald Trump and Vice President JD Vance both used Bibles with sentimental value to take the oath of office.

In an address Tuesday afternoon, Trump announced a new partnership investing $500 billion in artificial intelligence. OpenAI, Oracle and Softbank are creating a joint venture called Stargate, the president announced.

It’s day to day, from transition team to moving to the White House, packing, establishing my team, the First Lady office, moving into the White House, what it takes to make the residence your home, to hire the people that you need,

TikTok CEO Shou Zi Chew, center, and Trump's nominee to be Director of National Intelligence Tulsi Gabbard, right, attend the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington, Monday, Jan. 20, 2025.

The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.

About 20,000 Trump supporters have gathered at Capital One Arena in Washington Monday afternoon, where Trump and Vice President JD Vance are expected to address the crowd later in the day. Trump is also expected to sign several executive actions at the area during his on-stage appearance.

Elon Musk and Sam Altman are sparring over Donald Trump’s futuristic $500 billion artificial intelligence project. Musk landed the first blow by saying the tech firms behind the artificial intelligence infrastructure initiative didn’t have enough cash.

AI tech leaders are stumbling over themselves to kiss the ring of president Donald Trump. Earlier this week, Trump announced a $500 billion AI infrastructure deal, a joint venture between OpenAI, SoftBank,