AI Investment Surge: Stargate Joint Venture Unveiled
At a White House announcement, President Donald Trump revealed a significant $500 billion investment in artificial intelligence (AI) infrastructure by three industry leaders: OpenAI, SoftBank, and Oracle. This joint venture, dubbed "Stargate," will accelerate the development and deployment of AI technologies.
Trump pledged government support through emergency orders to expedite the project's execution. The collaboration between these renowned organizations signals a substantial commitment to advancing AI, with the potential to transform various sectors and drive economic growth.