The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

WASHINGTON — President Trump unveiled a $500 billion artificial intelligence infrastructure project Tuesday at the White House alongside reps from three tech and investment giants — with those business leaders asserting the initiative could cure cancer.

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

OpenAI CEO Sam Altman is reportedly scheduled to meet with officials from the Trump administration on Jan. 30. OpenAI is preparing to release a new

OpenAI spent $1.76 million on government lobbying in 2024 and $510,000 in the last three months of the year alone, according to a new disclosure filed on January 22—a significant jump from 2023, when the company spent just $260,000 on Capitol Hill.

Users reported an outage for ChatGPT, but OpenAI confirmed that the AI chat app is back up and running this morning.

The ChatGPT maker argues the incoming Trump administration should make massive government investments in AI, arguing it can bring broad economic prosperity.

Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.

While OpenAI’s lobbying spending is still dwarfed by bigger tech players, the uptick comes as it and other AI companies are helping redraw the shape of AI policy. Read the full story. Forget massive steel tanks—some scientists want to make chemicals with the help of rocks deep beneath Earth’s surface.

OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.

The company built a cheaper, competitive chatbot with fewer high-end computer chips than U.S. behemoths like Google and OpenAI, showing the limits of chip export control.