OpenAI and SoftBank (OTCPK:SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. The four initial partners — OpenAI, SoftBank, Oracle (NYSE:ORCL) and MGX — will commit roughly $45B in total,

Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in the U.S. On Tuesday, the ChatGPT maker announced The Stargate Project, a $500 billion venture to invest in AI infrastructure.

A new company called Stargate, which combines some of the largest names in the artificial intelligence industry, was announced by President Donald Trump.