The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 billion into artificial intelligence infrastructure over the next four years. Other partners also include Nvidia, Microsoft and ARM— companies that have all been paramount to the significant AI boom in recent years.

President Donald Trump is set to announce a new artificial intelligence program on Tuesday that will see the United States government team up with OpenAI, Oracle, and SoftBank, the tech-focused Japanese conglomerate,

Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.