WASHINGTON — President Trump unveiled a $500 billion artificial intelligence infrastructure project Tuesday at the White House alongside reps from three tech and investment giants — with those business leaders asserting the initiative could cure cancer.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.
The ChatGPT maker argues the incoming Trump administration should make massive government investments in AI, arguing it can bring broad economic prosperity.
President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."
The super-rich have long played a role in U.S. politics but have an unusually prominent spot in incoming President Donald Trump's new administration.
Recently appointed president Trump has announced a significant private sector investment to develop OpenAI's infrastructure.
OpenAI has published a 'blueprint' for AI economic development and regulation in the U.S. that it argues would ensure the U.S.' technological dominance.
Here are the top takeaways from Trump’s press conference. One of Trump’s first executive actions as the 47th president of the nation was to grant pardons and commutations to all of the defendants convicted over the Jan. 6 Capitol riot, sparking criticism from Democrats who denounced the move.
About 20,000 Trump supporters have gathered at Capital One Arena in Washington Monday afternoon, where Trump and Vice President JD Vance are expected to address the crowd later in the day. Trump is also expected to sign several executive actions at the area during his on-stage appearance.
The executive order directs the Department of Defense and the Department of Energy to lease federal sites to companies building AI infrastructure.