President Donald Trump announced on Tuesday a private-sector investment of at least $500 billion in artificial intelligence infrastructure that will create over 100,000 U.S. jobs. Stargate is the jointly owned venture that OpenAI,
Oracle, OpenAI, and SoftBank are reportedly set to announce a landmark partnership with the White House to invest up to $500 billion in artificial intelligence (AI) infrastructure across the United States.
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.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
US President Donald Trump has started his second term with a bang - a private sector artificial intelligence investment of at least US$100 billion announced by the White House on Tuesday. "This monumental undertaking is a resounding declaration of confidence in America's potential under a new president,
Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the $500 billion Stargate AI project announced by the companies Tuesday with President Trump at the White House.
President Donald Trump on his first full day in office Tuesday defended his decision to grant clemency to people convicted of assaulting police officers during the 2021 attack on the Capitol and suggested there could be a place in U.
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.
Named the Stargate Project, this ambitious endeavor involves a collaboration between OpenAI, SoftBank, and Oracle. With an initial commitment of $100 billion, the project aims to scale up to $500 billion within four years.