The Stargate project, with an investment of up to $500 billion, is part of President Trump's larger strategy to promote the development of artificial intelligence (AI) in the United States. This project will focus on building AI infrastructure, including large data centers, to meet the strong computing demands of AI models.
According to the plan, OpenAI, SoftBank, and Oracle will establish a Texas-based joint venture called Stargate. They have committed to an initial investment of $100 billion, which will then increase to $500 billion over the next 4 years.
The special thing is that this project is taking place right after the Trump administration canceled former President Biden's executive order on monitoring AI companies, opening up a new legal environment to promote strong growth in tech companies. Construction will begin in Texas, and other locations will be evaluated to expand AI infrastructure in the future.
This project not only promotes the AI industry but also creates thousands of new jobs and strengthens the United States' position in the global technology race.
#DonaldTrump #AI #STARGATE
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