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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The upcoming meeting in Berlin between U.S. envoy Steve Witkoff, Ukraine’s President Volodymyr Zelenskyy, and European officials is set to focus on advancing a proposed peace framework, though analysts warn reaching a deal may be difficult.
Talks aimed at ending the war between Ukraine and Russia are set to continue in Berlin this weekend, with U.S. envoy Steve Witkoff due to meet Ukrainian President Volodymyr Zelenskyy and senior European leaders, a U.S. official said.
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The Oligarch’s Design is an investigative documentary exploring how financial power, political influence and carefully constructed narratives can shape conflict and public perception.
Turkish President Recep Tayyip Erdoğan reiterated his offer to host Ukraine-Russia peace talks in Ankara, at his meeting with Russian President Vladimir Putin. The talks took place on the sidelines of the international Forum for Peace and Trust in Ashgabat, Turkmenistan, on Friday (12 December).
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman, detaining all 18 crew members on board.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
Russian forces struck Ukraine’s southern port city of Odesa for a second consecutive day on Saturday (13 December), deploying Kinzhal hypersonic missiles for the first time in the conflict, Ukrainian authorities said.
Israel’s Prime Minister Benjamin Netanyahu said Australia’s policies had encouraged antisemitism after a shooting at a Jewish celebration in Sydney’s Bondi Beach that killed at least 11 people.
Russia’s Human Rights Commissioner Tatyana Moskalkova says the Kyiv authorities have still not provided Moscow with a list of thousands of Ukrainian children it claims were illegally taken to Russia, despite the issue being raised during talks in Istanbul.
Delegations from the United States and Ukraine arrived in Berlin on Sunday for talks on a U.S.-backed peace plan, after being received by German Chancellor Friedrich Merz, a government source said.
Chileans head to the polls on Sunday for a presidential runoff that could deliver the country’s strongest move to the right since the end of military rule in 1990, as crime and security dominate voter concerns.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
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