U.S. President Donald Trump announced a groundbreaking $500 billion private-sector investment to bolster artificial intelligence (AI) infrastructure, launching the largest AI initiative in history during an event on January 21 alongside tech leaders Larry Ellison, Masayoshi Son, and Sam Altman.
U.S. President Donald Trump unveiled plans for an unprecedented $500 billion private-sector investment in artificial intelligence (AI) infrastructure on January 21, marking the largest AI initiative in history.
Joined by tech leaders Larry Ellison of Oracle, Masayoshi Son of SoftBank, and Sam Altman of OpenAI, Trump announced the creation of Stargate, a Texas-based joint venture aimed at building cutting-edge data centers and creating over 100,000 jobs.
“This is the largest AI infrastructure project ever, and it’s all happening here in America,” Trump stated, emphasizing the importance of keeping AI advancements domestic amid global competition.
The project’s first phase includes $100 billion in immediate funding, with plans to scale to $500 billion over four years. Initial construction of massive data centers has already begun in Texas.
Stargate’s technology partners, including Nvidia and Microsoft, will support the venture, which aims to address key challenges through AI while solidifying the U.S. as a global AI leader.
OpenAI CEO Sam Altman described the project as transformative: “This will be the most important project of this era, creating a new industry and reshaping the future of AI right here in the United States.
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Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported that Trump had privately told Benjamin Netanyahu “be careful, or you will be on your own very soon”.
Iran and Israel have halted strikes on each other, but Tehran has warned it will recommence attacks if Israel continues military action in Lebanon. U.S. President Donald Trump and Lebanese President Joseph Aoun have meanwhile made pleas for peace.
Somali referee Omar Abdulkadir Artan has been denied entry to the United States, preventing him from taking part in the FIFA World Cup 2026 and ending what would have been a historic moment for Somali football.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 8 June, covering the latest developments you need to know.
Armenian Prime Minister Nikol Pashinyan's Civil Contract party has won the Armenian elections, picking up nearly half the vote. With a majority in parliament, Pashinyan is set for a third term as Prime Minister. But an opposition politican has said he will challenge the election results.
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Barcelona is preparing to mark a historic milestone in the legacy of architect Antoni Gaudí as Pope Leo XIV visits the city this week to inaugurate the Tower of Jesus Christ at the Sagrada Família basilica, almost exactly 100 years after the visionary architect’s death.
Iran and Israel have halted strikes on each other, but Tehran has warned it will recommence attacks if Israel continues military action in Lebanon. U.S. President Donald Trump and Lebanese President Joseph Aoun have meanwhile made pleas for peace.
Iran and Israel said on Monday (8 June) they had halted attacks on each other following an appeal from U.S. President Donald Trump, as Axios reported that Trump had privately told Benjamin Netanyahu “be careful, or you will be on your own very soon”.
A Sudanese man has been arrested over a knife attack in Belfast that left a man seriously injured and prompted calls online for a protest after footage of the incident circulated widely on social media.
A Paris court has dismissed criminal charges against New Caledonian pro-independence leader Christian Téin, ending a high-profile case that drew international attention and renewed scrutiny of France’s handling of independence movements in its overseas territories.
Russian drone and missile attacks on Ukraine's north-eastern Kharkiv region killed a pregnant woman and two other people, Ukrainian officials said on Tuesday, as renewed diplomatic efforts to end the war continued.
At least 37 people have died after a powerful earthquake struck the southern Philippines, as rescuers continued searching a collapsed commercial building for survivors in General Santos on Tuesday.
The Football Federation Islamic Republic of Iran (FFIRI) has accused the U.S. of preventing Iranian supporters from attending the country's World Cup matches after its allocation of tickets was withdrawn just days before the tournament begins.
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