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Artificial intelligence. The heads of Softbank, OpenAI and Oracle announced up to USD 500 billion at the White House. investment in AI infrastructure

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Up to $500 billion will be allocated to the construction of data centers and architecture needed for the development of artificial intelligence – announced President Donald Trump and the heads of Japanese Softbank, Oracle and OpenAI. The Stargate project is intended to lead to the creation of superintelligence.

As Trump said during his speech at the White House, the company's heads decided to establish a joint venture that will invest at least $100 billion, and in the longer term up to $500 billion over four years, in the construction of data centers in America and contribute to the creation of 100,000 jobs. jobs.

“A monumental undertaking”

“This monumental undertaking is a momentous declaration of confidence in America's potential under its new president,” Trump said. OpenAI CEO Sam Altman said that the project's goal is to create AGI (artificial general intelligence) superintelligence and that it will be “the most important project of this era.”

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The president of Softbank, Masayoshi Son, said that it was a sign of the “golden age of America” ​​announced by Trump, and the president of Oracle, the Trump-supporting billionaire Larry Ellison, announced that the project would contribute, among other things, to for the treatment of cancer and other diseases and the rapid development of vaccines. As reported by the Wall Street Journal, Stargate includes a number of previously announced projects, and the first 10 data centers will be located in Texas and are already under construction.

Main photo source: SIPA USA POOL



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