President Donald Trump is supporting the newly formed Stargate to advance AI as construction on the company's first data center gets underway in Abilene.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a
The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 billion into artificial intelligence infrastructure over the next four years. Other partners also include Nvidia, Microsoft and ARM— companies that have all been paramount to the significant AI boom in recent years.
Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."
Washington, US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI.
Elon Musk threw a wrench into the gears of Trump's technological infrastructure plans, insisting that billionaire investors in Stargate don't have the money.
Ten months ago, we broke the story that OpenAI and Microsoft were discussing “Stargate,” an unprecedented $100 billion data center supercomputer to take artificial intelligence to new heights. On Tuesday,
Donald Trump announced a $500 billion investment in AI infrastructure, backed by major tech companies, to boost American AI leadership and create jobs.
Elon Musk criticized the newly announced $500 billion Stargate Project, claiming the AI infrastructure initiative lacks sufficient funding.