US EditionTrump 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.
586 Articles
586 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.
Donald Trump wants to invest $500 billion in the expansion of the American AI infrastructure. In an interview, security expert Ralph Thiele talks about the technological arms race in the 21st century and explains why China will be unstoppable in the foreseeable future.
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…
Thanks to OpenAI, the USA is already considered a leading nation when it comes to AI development. Now several tech giants want to invest half a trillion dollars in AI infrastructure. Without Trump, this "would not be possible," explains OpenAI boss Sam Altman, who is now an avowed fan of the new president.
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