BREAKING: Trump—Flanked By Larry Ellison, Sam Altman, & Masayoshi Son—Announces Project Stargate

Thank you! Nice to see you, some very familiar faces. Well, thank you very much, and it's an honor to be here today. We have, uh, first full day as president. We're back and we had a great first term, but we're going to have an even better second term.

I think we're going to do things that people would be shocked at. We're starting off with tremendous investment coming into our country at levels that nobody's really ever seen before, and they're very, uh, happy with the fact that I won the race and that they feel confident in their investments. It's big money and high-quality people.

So, my first stay back from having a nice life, it's my honor to welcome three of the world's leading technology CEOs. In the case of Larry Ellison, it's well beyond technology; he is sort of uh, CEO of everything. He's an amazing man, an amazing uh, business person.

But to announce the largest AI infrastructure project by far in history, and it's all taking place right here in America. As you know, there's great competition for AI and other things, and they're coming in at the highest level. We're joined by Oracle Executive Chairman Larry Ellison, SoftBank CEO my friend Masa Masa Yoshi Son, and CEO of OpenAI and I would say the uh, by far the leading expert, based on everything I read, Sam Altman.

So, that's great that you're coming in together. That's a massive group of talent and money together. These world-leading technology giants are announcing the formation of Stargate. So, put that name down in your books because I think you're going to hear a lot about it in the future.

A new American company that will invest $500 billion, at least, in AI infrastructure in the United States, and very, very quickly, moving very rapidly, creating over 100,000 American jobs almost immediately. This monumental undertaking is a resounding declaration of confidence in America's potential under a new president.

Let me be a new president. I didn't say it; they did. So I appreciate that, fellas. But it'll guide the future of technology. What we want to do is we want to keep it in this country. China is a competitor, and others are competitors.

We want it to be in this country, and we're making it available. I'm going to help a lot through emergency declarations because we have an emergency. We have to get this stuff built. So they have to produce a lot of electricity, and we'll make it possible for them to get that production done very easily at their own plants if they want, where they'll build, uh, at the plant, the AI plant; they'll build, uh, energy generation.

And that will be incredible, but it's technology and artificial intelligence all made in the USA. Begin immediately. Stargate will be building the physical and virtual infrastructure to power the next generation of advancements in AI.

This will include the construction of colossal data centers, very, very massive structures. I was in the real estate business; these buildings, these are big beautiful buildings, they're going to employ a lot of people, and physical campuses and locations currently being scouted nationwide. They're making their choices of locations. I think they have their choice.

I'd like to ask Larry, Sam, and Masa to say a few words and just talk about a little bit about what they're doing, and if you have any questions, and then we'll go into a couple of other subjects also. But this is, to me, a very big thing. $500 billion, uh, Stargate project; I think it's going to be something that's very special. It'll lead to something, something that could be the biggest of all.

So, um, Larry maybe we'll start with you and we'll go down the line.

Larry Ellison: Thank you, thank you, Mr. President. We certainly couldn't do this without you; it would simply be impossible. AI holds incredible promise for all of us, for every American.

We've actually been working with OpenAI for a while, and with Masa for a while. The data centers are actually under construction; as the first of them are under construction in Texas, each building's a half a million square feet. There are 10 buildings currently being built, but that will expand to 20 and other locations beyond the Abilene location, which is our first location.

The kind of applications that we're building to give you an idea, maybe the most charismatic and the ones that I think touch us all, are electronic health records. Not just maintaining electronic health records but by looking at electronic health records, understanding the condition of the doctors, better understanding the condition of their patients, and being able to provide health care plans that are much better than otherwise would be.

A doctor in Indian River Reservation would be able to see how a doctor at Memorial Sloan Kettering would treat the patient, or a doctor at Stanford would, uh, would treat the patient. We actually provide all of that information, all of that guidance to the doctors who are treating cancer patients or patients with any other kind of disease, made possible by AI.

I'm not going to take a lot of time; I'm going to pass it to Masa. But this is a very exciting program for Oracle to be a part of.

Masa Yoshi Son: Thank you, thank you! That's good, that's great. I feel tall now. Thank you. Well, Mr. President, uh, last month I came to celebrate your winning and promised that, uh, we would invest $100 billion. You told me, "Oh Masa, go for 200." Now I came back with 500!

Because, because this is the, as you say yesterday, this is the beginning of a golden age of America. This is one great example, I think, right? We wouldn’t have decided to do this, I think so. This is the beginning of a golden age. We wouldn’t have decided unless you won.

Yesterday we agreed, we signed to make this happen because of this day. So, we would make this happen. We would immediately start deploying 100 billion dollars with a goal of making $500 billion within the next four years within your time, right? Because of your success.

We are very, very excited to do this. Our partner is, of course, SoftBank, OpenAI, Oracle, and uh, additionally investing partner with, uh, MGX. On top of that, we have the technology partner Nvidia, and of course, Microsoft has been very, very supportive to Sam and continue to support all our success.

This is not just for business. As I said, this will help people's lives; this will help solve many, many issues, difficult things that otherwise we could not have solved with the power of AI. I think, uh, Asia is coming very, very soon. And then after that, that's not the goal; after that, artificial superintelligence will come to solve the issues that mankind would never, ever have thought that we could solve.

Well, this is the beginning of our golden age. Thank you very much!

Sam Altman: I don’t have too much to add, uh, but I did want to say I'm thrilled we get to do this in the United States of America. I think this will be the most important project of this era—and as Masa said, for AGI to get built here, to create hundreds of thousands of jobs, to create a new industry centered here.

We wouldn't be able to do this without you, Mr. President. And I’m thrilled that we get to. I think it'll be an exciting project; I think we’ll be able to do all of the wonderful things that these guys talked about. But the fact that we get to do this in the United States is, I think, wonderful.

So thank you very much.

Could you just say one word? I hear so many positive things about what it's going to do for medical research and for solving things, cancer and all the different problems.

How will AI help us with the fight against the various problems, diseases, etc.? These guys can maybe share more about some of the work they're doing there. I think they'll jointly be some of the leaders about driving progress here. But I believe that as this technology progresses, we will see diseases get cured at an unprecedented rate.

We will be amazed at how quickly we're curing this cancer and that one and heart disease, and what this will do for the ability of to deliver very high-quality healthcare, the costs, but really to cure the diseases, um, at a rapid rate. I think will be among the most important things this technology does.

Larry Ellison: Very good! So we're currently working on—should I step on this? Okay, all right—no, no, no, I'm not that tall! I'm not that tall!

Thank you, Mr. President. One of the most exciting things we're working on, using the tools that Sam and Masa are providing, is our cancer vaccine. It's very interesting. Early diagnosis—it turns out, I'll be quick—all of our cancers, uh, cancer tumors, little fragments of those tumors float around in your blood.

So you can do early cancer detection if you can do, using AI, you can do early cancer detection with a blood test. And using AI to look at the blood test, you can find the cancers that are actually seriously threatening the person.

So we can, again, cancer diagnosis using AI has the promise of just being a simple blood test. Then beyond that, once we gene sequence that cancer tumor, you can then vaccinate the person, design a vaccine for every individual person to vaccinate them against that cancer.

And you can make that mRNA vaccine; you can make that robotically, again using AI, in about 48 hours. So imagine early cancer detection, the development of a cancer vaccine for your particular cancer, aimed at you, and have that vaccine available in 48 hours. This is the promise of AI and the promise of the future.

President: Thank you, sir.

Question: Yeah, just one second. We'll finish up, but, you know, these are highly respected guys. I was shocked with Larry because I don’t even think Larry does this stuff. You did a very good job for a guy that doesn’t do it much, right? But he's so respected in the group, and it's really an honor.

For Larry to be here and do this is very unusual because he doesn't do this stuff. He doesn’t need it, right? But I just, I think it's an honor to the country. It's a great honor that this group with these are the top people that they’re going to do it, and they're going to do it here.

And we're going to make it as easy as it can be. A $500 million Stargate project comes in addition to a separate pledge between $120 billion, as we know from Masa, that we talked about before. Also, $20 billion from DEAC, which was great, and we have many others that are coming. Some, I just say, just announced that it's easier, but with some—I know them and, and they’re so highly respected; I’d rather do it this way—many would like to do it this way.

But we're letting the world know what's happening. This is money that normally would have gone to China or other countries, but in particular, China.

In total, before the end of my first full business day in Washington and the White House, we've already secured nearly $3 trillion of new investments in the United States, and probably that's going to be six or seven by the end of the week. Tremendous amounts of money are coming in for many things other than even AI.

AI seems to be very hot. It seems to be the thing that a lot of smart people are looking at very strongly, and our country will be prospering like never before. I think that...