Trump announces an up to $500 billion AI infrastructure investment involving OpenAI, Oracle, and SoftBank
Briefly

President Trump unveiled a transformative initiative involving a private sector investment of up to $500 billion aimed at bolstering artificial intelligence infrastructure in the U.S. The collaboration between OpenAI, Oracle, and SoftBank, dubbed Stargate, was framed as a means to ensure America's dominance in AI technology amidst rising geopolitical competition, particularly with China. The initiative promises to generate over 100,000 jobs over the next four years, with tech leaders expressing enthusiasm about the potential health advancements and economic benefits stemming from this endeavor.
President Trump announced a historic $500 billion investment in AI infrastructure, stating it would create over 100,000 American jobs and secure U.S. leadership in the field.
OpenAI, Oracle, and SoftBank's new venture, Stargate, aims to drive AI innovation in the U.S., marking it as a significant project for America's technological future.
Read at Business Insider
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