On Wednesday, the second day of presidency of US President-elect Donald Trump, he announced the project called Stargate, to build artificial intelligence (AI) infrastructure in the United States, led by Japanese giant Softbank, cloud giant Oracle, and ChatGPT-maker OpenAI.
The major investment, called Stargate is to build artificial intelligence (AI) infrastructure in the United States, led by Japanese giant Softbank, cloud giant Oracle, and ChatGPT-maker OpenAI. Stargate, will start building out projects needed for the further development of the fast-evolving AI in Texas.
Executives from the companies are expected to commit $500 billion into Stargate over the next four years. Details of the new partnership were not immediately provided. While announcing the project, Trump said, “What we want to do is we want to keep it in this country.”
“”China is a competitor, others are competitors. We want to be in this country, and we’re making it available. I’m gonna help a lot through emergency declarations, because we have an emergency, we have to get this stuff built. So they have to produce a lot of electricity. And we’ll make it possible for them to get this production done easily, at their own plants if they wan,” he added.
Trump framed the announcement as a vote of confidence in his administration, noting that the timing coincided with his return to office. “This monumental undertaking is a resounding declaration of confidence in America’s potential under a new president,” he said.
The initiative comes just one day after Trump reversed predecessor Joe Biden’s more than 100-page executive order on AI safety standards and content watermarking, signalling a decisive shift in US artificial intelligence policy.
