<ul><li>A joint venture called 'The Stargate Project' has been formed by tech giants including OpenAI, SoftBank, Oracle, and MGX.</li><li>The project aims to build $500 billion AI infrastructure in the US, creating jobs and economic benefits.</li><li>SoftBank and OpenAI are the lead partners, with SoftBank providing financial responsibility and OpenAI handling operational responsibility.</li><li>Elon Musk criticized the project, claiming that the companies involved do not have enough funding.</li></ul>

Tech Giants Announce $500 Billion AI Plan In US

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