
Tech billionaires to visit White House, per source
SoftBank CEO Masayoshi Son, OpenAI's Sam Altman and Oracle's Larry Ellison are expected to be at the White House Tuesday afternoon, according to a source familiar with the matter.
President Trump is set to announce $500 billion in private sector investment to build artificial intelligence infrastructure. It's a joint venture of three companies -- OpenAI, Softbank and Oracle -- collectively called Stargate.
Last month, Trump announced with SoftBank's Son in Mar-a-Lago that SoftBank would invest $100 billion in US projects over the next four years, creating 100,000 jobs. Those investments will focus on infrastructure that supports AI, including data centers, energy generation, and chips, according to a source.
The new announcement Tuesday has "overlap" with SoftBank's previous commitment of $100 billion, according to a source, who clarifies that this is not an entirely separate commitment.







