Golden Finance reported that today, the three co-founders and CEOs of OpenAI, SoftBank, and Oracle, Sam Altman, Masayoshi Son, and Larry Ellison, attended the live news conference held by Trump. Trump announced that SoftBank, OpenAI, and Oracle will jointly establish a new AI company, Stargate, and will invest US$500 billion in the next four years. US$100 billion will be invested immediately to build AI infrastructure. Stargate's initial equity investors include SoftBank, OpenAI, Oracle and MGX. SoftBank and OpenAI are the main partners of Stargate. SoftBank is responsible for finance, OpenAI is responsible for operations, and Masayoshi Son will serve as chairman. Arm, Microsoft, NVIDIA, Oracle and OpenAI are key initial technology partners in the project.