Stargate, Backed by Donald Trump, Commits $500 Billion to AI, Using Solar and Batteries for $100 Billion Venture
Jan 24, 2025, 07:21 PM
Stargate, an AI initiative backed by Donald Trump, has announced a commitment of $500 billion to enhance artificial intelligence capabilities in the United States. The project will focus on sustainability by utilizing solar energy and battery storage to power its operations, with an estimated budget of $100 billion allocated specifically for this green technology venture. The initiative aims to address the growing energy demands associated with data centers and AI operations, while also emphasizing ethical mining practices to minimize environmental impact. This approach reflects a shift towards renewable energy solutions in the tech industry, which has traditionally favored nuclear power.
View original story
Markets
No • 50%
Yes • 50%
Press releases from Stargate or the solar energy company, or credible news reports
Yes • 50%
No • 50%
Financial disclosures or announcements from Stargate or associated financial institutions
No • 50%
Yes • 50%
Official announcements from Stargate or construction updates reported by credible news outlets
Financial Analytics • 25%
Energy Management • 25%
Healthcare AI • 25%
Autonomous Vehicles • 25%
Official reports from Stargate or statements from key stakeholders
LG Chem • 25%
Tesla • 25%
Other • 25%
Panasonic • 25%
Press releases from Stargate or the collaborating company, or credible news reports
Other • 25%
California • 25%
Texas • 25%
Florida • 25%
Official announcements from Stargate or government permits and documentation