President Donald Trump is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The White House says the new entity, known as Stargate, will start building out projects needed for the further development of the fast-evolving AI in Texas. Joining Trump for the announcement will be top officials from SoftBank, OpenAI and Oracle. STAY CONNECTED AND STAY AHEAD WITH FOX 5 DC Subscribe to FOX 5 DC on YouTube » https://youtube.com/channel/fox5dc?sub_confirmation=1 Read the latest local and national news on fox5dc.com » https://fox5dc.com/ Watch FOX 5 DC programming live » https://fox5dc.com/live Get your local forecast from the FOX 5 DC Weather team » https://www.fox5dc.com/weather Learn how to follow us on social media, download our news and weather mobile apps, find us on your Smart TV and sign up for our daily newsletter » https://fox5dc.com/connect-with-fox-5-on-mobile-social-smart-tv-and-our-newsletter Follow FOX 5 DC on Facebook » https://facebook.com/fox5dc Follow FOX 5 DC on Twitter » https://twitter.com/fox5dc Follow FOX 5 DC Instagram » https://instagram.com/fox5dc Vote in the daily FOX 5 DC InstaPoll » https://fox5dc.com/instapoll FOX 5 DC, WTTG-TV and FOX 5 PLUS, WDCA-TV are owned-and-operated TV stations of the Fox Broadcasting Company. We are located in Washington, D.C. and serves the entire Washington metropolitan area (including Northern Virginia, Maryland, and the Martinsburg, West Virginia area). Our studio is based in Bethesda, Maryland.