The Globe and Mail reports in its Wednesday edition that U.S. President Donald Trump on Tuesday talked up a joint venture investing up to $500-billion (U.S.) for infrastructure tied to artificial intelligence by a new partnership formed by Microsoft-backed OpenAI, Oracle and SoftBank. An Associated Press dispatch to The Globe reports that the White House says Stargate will begin constructing data centres and electricity generation for AI development in Texas. The initial investment is projected at $100-billion (U.S.), potentially growing to five times that amount. President Donald Trump calls the move "a resounding declaration of confidence in America's potential." After Mr. Trump's inauguration, Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle praised him for making their project possible, despite it having started under Joe Biden's administration in 2024. The White House is prioritizing the expansion of electricity generation to support the growing adoption of AI. Mr. Trump recently overturned the 2023 order aimed at establishing safety standards and watermarking for AI-generated content, reflecting uncertainty in the regulatory outlook for AI and concerns about its risks to national security.