> President Trump announces $500-billon investment into AI infrastructure
President Trump announces $500-billon investment into AI infrastructure
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President Donald Trump on Tuesday talked 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.
The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum.
MORE: https://www.wthr.com/article/news/nation-world/trump-highlights-partnership-investing-ai/507-83dec7c9-2131-4796-ab12-6131f6528752