“This monumental undertaking is a resounding declaration of confidence in America’s potential,” Mr. Trump said from the White House’s Roosevelt Room.
“We’re going to make it as easy as it can be,” he added.
OpenAI’s chief executive, Sam Altman; SoftBank’s chief, Masayoshi Son; and Oracle’s founder, Larry Ellison, were at the White House announcement with Mr. Trump.
Mr. Trump separately addressed questions from reporters about the potential sale of TikTok. On Monday he signed an executive order that aims to stall enforcement of a law that forces a sale or bans the popular app in the United States over national security concerns.
-When asked if he would be in favor of Elon Musk buying TikTok, Mr. Trump said, “I would be, yeah.” Then he turned to Mr. Ellison and said Oracle could also purchase TikTok.
“I have the right to make a deal,” Mr. Trump added.
Tech executives have rushed to show their support for Mr. Trump in recent months in hopes of currying favor and shielding themselves from regulatory retaliation. They have donated millions to his campaign and inauguration. Mr. Altman attended the inauguration and the chiefs of Google, Apple and Meta occupied prime seats in the Capitol Rotunda.
