Trump Announces $500 Billion AI Investment with OpenAI, SoftBank, and Oracle

Trump Announces $500 Billion AI Investment with OpenAI, SoftBank, and Oracle

President Donald Trump has announced a significant partnership between OpenAI, SoftBank, and Oracle to invest $500 billion in artificial intelligence (AI) development in the United States. The project, named “Stargate,” aims to enhance the country's AI infrastructure and maintain its competitive edge against China.

The partnership involves building several new data centers in Texas, with key figures like SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle founder Larry Ellison expressing confidence in the initiative. Despite some concerns raised by Tesla CEO Elon Musk about the scale of the investment, the project represents a major step toward advancing AI research and development within the U.S .
Image by Hindustan Times

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