President Donald Trump announced a significant partnership between OpenAI, SoftBank, and Oracle to invest billions in artificial intelligence infrastructure in the United States, with the goal of advancing AI technologies domestically.
The joint venture, called Stargate, will see an investment of $500 billion over the next four years. SoftBank CEO Masayoshi Son, OpenAI’s Sam Altman, and Oracle’s Larry Ellison joined Trump for the announcement, emphasizing the U.S.'s competitive stance against China.
Trump highlighted the importance of generating substantial electricity for AI projects and the establishment of multiple data centers in Texas as the initial step. However, Elon Musk later raised questions about the scope of the investment.
#AIInvestment #ArtificialIntelligence #USTechIndustry #Stargate #Trump
The joint venture, called Stargate, will see an investment of $500 billion over the next four years. SoftBank CEO Masayoshi Son, OpenAI’s Sam Altman, and Oracle’s Larry Ellison joined Trump for the announcement, emphasizing the U.S.'s competitive stance against China.
Trump highlighted the importance of generating substantial electricity for AI projects and the establishment of multiple data centers in Texas as the initial step. However, Elon Musk later raised questions about the scope of the investment.
#AIInvestment #ArtificialIntelligence #USTechIndustry #Stargate #Trump