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.
Elon Musk, the close Trump adviser who has his own AI company and was notably not at the press conference, erupted Wednesday with a relentless stream of online mockery. “They don’t actually have the money,
The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.
Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.
Sam Altman, CEO of OpenAI, sparred Wednesday with Elon Musk over funding for a Trump-backed AI infrastructure project one day after he stood with the president in the White House to announce the project.
Last month, Trump announced with SoftBank's Son in Mar-a-Lago that SoftBank would invest $100 billion in US projects over the next four years, creating 100,000 jobs. Those investments will focus on infrastructure that supports AI, including data centers, energy generation, and chips, according to a source.
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.
Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI infrastructure in the U.S.
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.
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.
GoFundMe, the crowdfunding website where people can quickly raise money to help others, has generated more than $100 million for those impacted by the Los Angeles wildfires. The sum, pledged in the wake of the fires that erupted on Jan.