Trump Announces Stargate Venture, Takes on Press in Second Day of White House Return

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Trump Announces Stargate Venture, Takes on Press in Second Day of White House Return
TRUMPSTARGATETECHNOLOGY
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President Trump, alongside SoftBank, OpenAI, and Oracle, launched a joint venture called Stargate. He held a press conference, addressing topics from TikTok's future to executive orders and the Russia-Ukraine war. Trump defended his recent actions, criticized Biden's pardons, and expressed willingness to meet with Zelensky and Putin.

Stargate is the jointly owned venture that OpenAI, SoftBank, and Oracle are heading as Trump seeks to announce wins quickly during the early days of his second administration.

Trump touched on several topics, from the future of TikTok to the several executive orders he signed on Monday and the Russia-Ukraine war.Sam Altman, OpenAI CEO, speaks as President Donald Trump, left, Masayoshi Son, SoftBank Group CEO, third from left, and, Larry Ellison, chairman of Oracle Corporation and chief technology officer, right, listen, in the Roosevelt Room at the White House, Tuesday, Jan. 21, 2025, in Washington.

“Why did he give a pardon to the J6 unselect committee when they burned and destroyed all documents which showed that they did what was wrong, not me,” Trump bemoaned.with congressional GOP leadership to game out a plan on whether to go forward with a one- or two-step reconciliation bill. Later on, Trump railed against California’s water crises. “Los Angeles has massive amounts of water available to it. All they have to do is turn the valve,” he claimed.Another executive order Trump signed on Monday was a 75-day extension for TikTok to either divest from ByteDance or risk shutting down in the United States.

Trump was asked if, in the event Putin doesn’t come to the negotiating table, he would place additional sanctions on Russia. “Sounds likely,” he responded.Trump, however, seemed noncommittal about ending American funding to the beleaguered Urkaine when asked.

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