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American Focus > Blog > Tech and Science > Trump-backed Stargate Project could strain the US energy grid
Tech and Science

Trump-backed Stargate Project could strain the US energy grid

Last updated: January 24, 2025 12:45 am
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Trump-backed Stargate Project could strain the US energy grid
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OpenAI and Tech Companies Invest $500 Billion in US Data Centers

OpenAI CEO Sam Altman speaks at the White House in Washington DC on 21 January 2025

AARON SCHWARTZ/POOL/EPA-EFE/Shutterstock

This week, OpenAI and other tech companies stood alongside US president Donald Trump at the White House to announce a monumental private investment of $500 billion in US data centers over the next four years. Dubbed the “Stargate Project,” this initiative is poised to fuel a significant expansion of AI technology, with far-reaching implications for the US electricity grid and the nation’s energy landscape.

The unveiling of the Stargate Project comes at a time when North America is grappling with escalating electricity demands. The existing grid is under immense pressure to cope…

See also  Home Depot stock climbs after earnings beat, Hims & Hers slides, Constellation Energy rises
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