Trump and Tech Leaders Launch $500 Billion Stargate AI Project, Draws Criticism
- President Donald Trump announced the Stargate AI project, which aims to invest $500 billion over four years, as confirmed by CNBC.
- Three top tech firms will create a new company called Stargate, starting with an initial investment of $100 billion.
- Trump previously announced a $10 billion electronics factory with Foxconn in Wisconsin, expected to create 13,000 jobs.
- Trump pledged to repeal Joe Biden's executive order that he claims hinders AI innovation and promotes radical leftwing ideas.
587 Articles
587 Articles
Trump’s Big, Bold AI Gamble
What a difference a week makes. As others and I have predicted, newly-inaugurated President Trump rolled back much of his predecessor’s policy approach to artificial intelligence (AI). But few forecasted just how stark the contrast has been. AP Photo/Evan Vucci Last week, before the inauguration, I argued that Trump should reverse outgoing President Biden’s ill-considered Executive Order on AI. As I explain in my forthcoming book on AI policy, …
Behind $500bn AI data centre plan, US startups jockey with tech giants
This week's announcement by US President Donald Trump of a massive private sector investment to build more AI data centres casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector.
Trump AI plan exposes threat of Europe ‘surrendering’ to big tech
Donald Trump’s big AI announcement has turned heads on both sides of the Atlantic. Trump revealed this week that OpenAI, SoftBank, and Oracle have formed a joint venture — called Stargate — that will invest $500bn in AI infrastructure. The companies said $100bn of the funding was available immediately. The rest would be deployed over the next four years. Trump billed Stargate as “the largest AI infrastructure project by far in history.” He added…
Trump's Stargate a bold reach for AI's next frontier
In one of his first moves as the 47th President of the United States, Donald Trump announced a new US$500 billion project called Stargate to accelerate the development of artificial intelligence (AI) in the US. The project is a partnership between three large tech companies – OpenAI, SoftBank and Oracle. Trump called it “the largest […] The post Trump’s Stargate a bold reach for AI’s next frontier appeared first on Asia Times.
Coverage Details
Bias Distribution
- 38% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage