Donald Trump Touts Tech Investment Of Up To $500 Billion In AI Infrastructure
deadline.comDonald Trump appeared with three prominent tech executives to unveil a private sector initiative to build AI infrastructure in the United States, with an outlay of up to $500 billion.
The venture will be called Stargate, and it will include OpenAI, Oracle, and SoftBank. “I think it’s going to be something that’s very special,” Trump told reporters from the Roosevelt Room. “It could lead to something that could be the biggest of all.” Joining Trump were Oracle chief technology officer Larry Ellison, Softbank CEO Masayoshi Son and OpenAI CEO Sam Altman. “We wouldn’t be able to do this without you, Mr.
President,” Altman said. On Tuesday, per Reuters, Trump revoked an executive order signed by Joe Biden aimed at reducing the dangers of AI, with companies required to share safety tests with the U.S.
government before public release of AI systems. Trump cited competition from China as a reason for urgency. Ellison told reporters that 10 data centers actually are already under construction in Texas, with each building a half million square feet.
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