Watch: How Macron plans to meet Trump's Stargate AI challenge | Firstpost exclusive
1 month, 2 weeks ago

Watch: How Macron plans to meet Trump's Stargate AI challenge | Firstpost exclusive

Firstpost  

France’s President Emmanuel Macron laid out his plans to challenge US President Donald Trump’s Stargate initiative which aims to boost development in the Artificial Intelligence. In an exclusive conversation with Firstpost and France TV, Macron announced that Europe will be announcing a €109 billion investment in AI, which is equivalent to what the US announced with Stargate. “They are going to create huge data centres and American, Canadian and French companies will also be present,” He explained. “When we built data centres in France, it is different to the US because their data centres use oil,” he said.

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History of this topic

Nvidia, Elon Musk's xAI to join Microsoft, BlackRock to develop AI infrastructure
5 days, 5 hours ago

Nvidia, Elon Musk's xAI to join Microsoft, BlackRock to develop AI infrastructure

The Hindu  

Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft and BlackRock to expand artificial intelligence infrastructure in the U.S., the companies said on Wednesday, as a global race to dominate the nascent technology intensifies. The group, formed last year with a goal to initially invest more than $30 billion in AI-related projects, is one of the biggest …

The AI data-centre boom is a job-creation bust
3 weeks, 6 days ago

The AI data-centre boom is a job-creation bust

Live Mint  

In Abilene, Texas, some 1,500 people are building the first data center for the Stargate artificial-intelligence venture led by OpenAI. “Data centers have rightly earned a dismal reputation of creating the lowest number of jobs per square foot in their facilities" said John Johnson, chief executive of data-center operator Patmos Hosting. Silicon Valley’s race to build advanced AI systems has …

Meta is reportedly in talks to build a massive AI data centre campus that would cost over $200 billion
3 weeks, 6 days ago

Meta is reportedly in talks to build a massive AI data centre campus that would cost over $200 billion

India Today  

Meta is reportedly exploring plans to build a massive data centre campus to support its artificial intelligence projects, with costs potentially exceeding $200 billion, according to The Information. However, a Meta spokesperson dismissed the report, stating that the company’s data centre plans and spending have already been disclosed and that anything beyond that is “pure speculation.” Last month, Meta CEO …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

France and EU unveil plans for AI investment
1 month, 1 week ago

France and EU unveil plans for AI investment

China Daily  

French President Emmanuel Macron delivers a speech during the plenary session of the Artificial Intelligence Action Summit at the Grand Palais in Paris, France, Feb 11, 2025. France's President Emmanuel Macron has used a global summit in Paris to announce an artificial intelligence, or AI, investment plan worth 109 billion euros. His initial touting of France was backed up on …

France and EU unveil plans for AI investment
1 month, 1 week ago

France and EU unveil plans for AI investment

China Daily  

French President Emmanuel Macron delivers a speech during the plenary session of the Artificial Intelligence Action Summit at the Grand Palais in Paris, France, Feb 11, 2025. France's President Emmanuel Macron has used a global summit in Paris to announce an artificial intelligence, or AI, investment plan worth 109 billion euros. His initial touting of France was backed up on …

AI to get more expensive to build but significantly cheaper to use: Sam Altman
1 month, 2 weeks ago

AI to get more expensive to build but significantly cheaper to use: Sam Altman

Firstpost  

Altman explained that gains in AI performance still depend on substantial investments in training and infrastructure. However, he expects the cost for users to access AI services to drop by a factor of ten every year, which could drive widespread adoption Economically, Altman predicts that AGI will drive down the cost of many goods, although prices for luxury items and …

Paris AI summit 2025: Seeking AI boom, France and EU promise to cut red tape on tech
1 month, 2 weeks ago

Paris AI summit 2025: Seeking AI boom, France and EU promise to cut red tape on tech

The Hindu  

Europe will cut back on regulation to make it easier for artificial intelligence to flourish in the region, French President Emmanuel Macron told an AI summit in Paris on Monday, urging investment in the EU - and more specifically in France. Using the example of the gothic Notre-Dame cathedral, which was rebuilt in record time after a devastating fire, thanks …

Macron pledges to fast-track AI growth, touts France’s ‘plug, baby, plug’ edge
1 month, 2 weeks ago

Macron pledges to fast-track AI growth, touts France’s ‘plug, baby, plug’ edge

Firstpost  

Co-hosted with Indian Prime Minister Narendra Modi, the Paris summit aims to lay the groundwork for governing the nascent sector, as global powers race to play leading roles in the fast-developing technology. On AI projects, “we will adopt the Notre Dame de Paris strategy” that saw France rebuild the landmark cathedral within five years of its devastation in a 2019 …

President Macron reveals private sector investment of 109 billion euros at Paris AI Summit
1 month, 2 weeks ago

President Macron reveals private sector investment of 109 billion euros at Paris AI Summit

Firstpost  

The money includes intentions by Canadian investment giant Brookfield to spend 20 billion euros in AI projects in France, as well as financing from the United Arab Emirates that might total 50 billion euros in the coming years, according to Macron’s administration French President Emmanuel Macron attends an interview for national television, ahead of the Artificial Intelligence Action Summit at …

Europe ‘not in the AI race today,’ French President Macron says
1 month, 2 weeks ago

Europe ‘not in the AI race today,’ French President Macron says

CNN  

Paris CNN — For a man who’s spent his career battling to make France more pro-business, Europe’s prospects on artificial intelligence are worrying: an oversight that could cost the bloc dearly. “We are not in the race today,” French President Emmanuel Macron told CNN’s Richard Quest in an exclusive interview at the Elysee Palace on Thursday. With Europe holding a …

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centres
1 month, 2 weeks ago

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centres

The Hindu  

OpenAI is scouring the U.S. for sites to build a network of huge data centres to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump. After Trump's announcement, a number of states reached out to OpenAI about welcoming additional data centres, Chris Lehane, …

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers
1 month, 2 weeks ago

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy OpenAI is scouring the …

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers
Trending News
1 month, 2 weeks ago

OpenAI looks across US for sites to build its Trump-backed Stargate AI data centers

Associated Press  

OpenAI is scouring the U.S. for sites to build a network of huge data centers to power its artificial intelligence technology, expanding beyond a flagship Texas location and looking across 16 states to accelerate the Stargate project championed by President Donald Trump. After Trump’s announcement, a number of states reached out to OpenAI about welcoming additional data centers, Chris Lehane, …

Artificial general intelligence could arrive much earlier than predicted, says SoftBank CEO Masayoshi Son
Trending News
1 month, 3 weeks ago

Artificial general intelligence could arrive much earlier than predicted, says SoftBank CEO Masayoshi Son

India Today  

The anticipation of the arrival of artificial general intelligence has been growing steadily. While OpenAI CEO Sam Altman recently said that AGI is just Twitter hype, his business partner, SoftBank CEO Masayoshi Son, has said that AGI will arrive much sooner than he predicted. Meanwhile, OpenAI CEO Sam Altman, in a recent post on X, said that AGI is just …

DeepSeek is disrupting American AI leadership
1 month, 3 weeks ago

DeepSeek is disrupting American AI leadership

Salon  

In most technologies, the U.S. is perceived as the global leader in tech innovation. DeepSeek, a Chinese AI startup, announced they had met or exceeded several of Open AI’s performance benchmarks, using fewer older processors at a cost of less than $6 million. Ultimately, DeepSeek-R1 achieves performance comparable to OpenAI-o1-1217 on a range of tasks.” DeepSeek also uses a smaller …

China's ChatGPT-killer DeepSeek has OpenAI, Microsoft, Meta and Google worried
1 month, 3 weeks ago

China's ChatGPT-killer DeepSeek has OpenAI, Microsoft, Meta and Google worried

Firstpost  

DeepSeek’s real achievement lies in its ability to develop a cutting-edge AI model while spending a fraction of what its US counterparts have. OpenAI’s development of GPT-4 cost upwards of $100 million, yet DeepSeek claims it spent just $5.6 million to bring DeepSeek-V3 to life While US companies like OpenAI and Meta have opted for proprietary models, keeping their cutting-edge …

China's ChatGPT-killer DeepSeek has OpenAI, Microsoft, Meta and Google worried
1 month, 3 weeks ago

China's ChatGPT-killer DeepSeek has OpenAI, Microsoft, Meta and Google worried

Firstpost  

DeepSeek’s real achievement lies in its ability to develop a cutting-edge AI model while spending a fraction of what its US counterparts have. OpenAI’s development of GPT-4 cost upwards of $100 million, yet DeepSeek claims it spent just $5.6 million to bring DeepSeek-V3 to life While US companies like OpenAI and Meta have opted for proprietary models, keeping their cutting-edge …

How Donald Trump's Stargate project has divided AI leaders over safety
1 month, 3 weeks ago

How Donald Trump's Stargate project has divided AI leaders over safety

Firstpost  

Donald Trump’s Stargate Project has ignited debates among AI leaders, dividing opinions on artificial intelligence safety and governance. Image Credit: Reuters Donald Trump’s $500 billion project “Stargate” is causing quite a stir among some of the biggest names in AI who attend the World Economic Forum at Davos. Microsoft CEO Satya Nadella was quick to question the huge investment in …

Stargate: Building super intelligence
1 month, 3 weeks ago

Stargate: Building super intelligence

The Hindu  

In 1941, faced with imminent threats from hostile Axis powers, U.S. President Franklin D. Roosevelt initiated a secret assignment known as the Manhattan Project. Announcing ‘Project Stargate’, a multi-billion-dollar initiative aimed at establishing a vast network of AI-optimised data centres and developing increasingly sophisticated generative AI models, Mr. Trump called it “the largest AI infrastructure project in history.” Through this …

Trump to fast-track power-plant applications from AI companies for their data centres
Trending News
2 months ago

Trump to fast-track power-plant applications from AI companies for their data centres

Firstpost  

Trump’s plan involves using a national energy emergency declaration to push through the construction of power plants directly serving AI data centres. This would cut down on the long wait times for building new power plants, allowing AI companies to quickly ramp up their operations The idea behind Trump’s plan is to set up new power plants right next to …

Mint Quick Edit | Should Trump’s Stargate inspire India’s own?
2 months ago

Mint Quick Edit | Should Trump’s Stargate inspire India’s own?

Live Mint  

One major announcement that Donald Trump made soon after assuming office as US president was of the country’s Stargate project. Backed by OpenAI, Oracle and SoftBank, among others, it aims to expand the artificial intelligence infrastructure in the US. Amid cheers for what looks like a geo-strategic initiative to stay ahead in a global AI “arms race", what stood out …

Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money
Trending News
2 months ago

Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money

Live Mint  

Stargate: US President Donald Trump joined the world's leading tech stalwarts to tout a multibillion-dollar artificial intelligence project led partly by OpenAI. However, Microsoft was mentioned only as a technology partner in the joint venture called ‘Stargate’, which was launched by OpenAI, SoftBank Group Corp., and Oracle Corp. This came despite Microsoft investing almost $14 billion in OpenAI and using …

Elon Musk says the $500 billion announced for Stargate Project 'does not exist', Sam Altman tries to disagree
2 months ago

Elon Musk says the $500 billion announced for Stargate Project 'does not exist', Sam Altman tries to disagree

Op India  

One of the highlights of the dramatic, over-the-top announcements after Donald Trump’s inauguration was OpenAI announcing a futuristic AI megaproject called ‘Stargate’, filled with a lot of sci-fi-level jargon and a staggering $500 billion dollars commitment. Though the details of the project are still hazy, the announcement of $500 billion budget has triggered a massive social media discussion, with the …

‘Hope, you’ll mostly put America first’: Musk, Altman spar over Trump’s Stargate project
2 months ago

‘Hope, you’ll mostly put America first’: Musk, Altman spar over Trump’s Stargate project

Firstpost  

Trump on Tuesday had talked up a joint venture investing up to $500 billion through a new partnership formed by OpenAI, the maker of ChatGPT, alongside Oracle and SoftBank Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires …

Musk Clashes With OpenAI CEO Sam Altman Over Trump-Supported Stargate AI Data Center Project
2 months ago

Musk Clashes With OpenAI CEO Sam Altman Over Trump-Supported Stargate AI Data Center Project

Huff Post  

LOADING ERROR LOADING Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president. Tech news outlet The Information first reported on an OpenAI data …

Elon Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Trending News
2 months ago

Elon Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project

The Hindu  

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI's board and is now testing Musk's influence with the new president. AI technology requires huge amounts of electricity to build and operate and both companies …

Elon Musk, OpenAI’sSam Altman spar over Donald Trump-backed $500 billion Stargate Project as conflict of interests loom
Top News
2 months ago

Elon Musk, OpenAI’sSam Altman spar over Donald Trump-backed $500 billion Stargate Project as conflict of interests loom

Live Mint  

Tesla boss Elon Musk and OpenAI CEO Sam Altman have divergent opinions on the $500 billion Stargate artificial intelligence infrastructure project proposed by the US President Donald Trump. US President Donald Trump has proposed a joint venture named Stargate Project to build AI infrastructure with an investment of nearly $500 billion through a partnership with Sam Altman-led ChatGPT maker, OpenAI, …

Elon Musk has doubts about Trump's $500 billion AI plan: ‘They don’t actually have…’
Top News
2 months ago

Elon Musk has doubts about Trump's $500 billion AI plan: ‘They don’t actually have…’

Hindustan Times  

Elon Musk doubts whether companies opting for President Donald Trump's $500 billion AI infrastructure plan even have enough funds to make it happen. Known as ‘Stargate,’ the project involves OpenAI, Oracle, and SoftBank and is “the largest AI infrastructure project in history.” Executives from all three companies were present at the White House announcement. “They don’t actually have the money,” …

Elon Musk clashes with OpenAI's Sam Altman over $500 billion AI project Donald Trump announced
Top News
2 months ago

Elon Musk clashes with OpenAI's Sam Altman over $500 billion AI project Donald Trump announced

Hindustan Times  

Elon Musk of Tesla clashed with OpenAI CEO Sam Altman on Wednesday and cast doubt on a $500 billion artificial intelligence investment announced by US President Donald Trump, saying the money promised for the investmentwasn't there. Donald Trump declared it "a resounding declaration of confidence in America's potential" under his new administration, with an initial private investment of USD 100 …

Donald Trump’s Stargate AI initiative sparks clash between Elon Musk and Sam Altman
2 months ago

Donald Trump’s Stargate AI initiative sparks clash between Elon Musk and Sam Altman

India TV News  

In a groundbreaking announcement, former US President Donald Trump unveiled the ambitious USD 500 billion ‘Stargate’ AI project, which aims to establish cutting-edge AI infrastructure and position the US as a global leader in artificial intelligence. Sam Altman defends stargate In response to Musk’s criticism, Sam Altman, CEO of OpenAI defended the project’s credibility, highlighting that work had already begun …

‘Move fast and break things’: Trump’s $500 billion AI project has major risks
2 months ago

‘Move fast and break things’: Trump’s $500 billion AI project has major risks

New Indian Express  

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 in the US. Trump called it “the largest AI infrastructure project by far in history” and said it would help keep “the future of technology” in the US. Tech …

Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
2 months ago

Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project

Associated Press  

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president. Tech news outlet The Information first reported on an OpenAI data center project called …

Explained: What is Stargate, Trump’s $500-billion AI push?
2 months ago

Explained: What is Stargate, Trump’s $500-billion AI push?

Firstpost  

US President Donald Trump has unveiled Stargate, an ambitious $500 billion AI project led by SoftBank, OpenAI, and Oracle. However, critics warn of potential risks tied to deregulation and power supply challenges US President Donald Trump delivers remarks on AI infrastructure, next to SoftBank CEO Masayoshi Son at the Roosevelt room at White House in Washington, US, January 21, 2025. …

Mint Explainer: Will the $500 billion Stargate plan help the US trump China?
2 months ago

Mint Explainer: Will the $500 billion Stargate plan help the US trump China?

Live Mint  

BENGALURU : Geopolitics continues to dictate global tech policies and strategies. That said, though China-based Baidu Inc.'s Ernie bot may not hold up to OpenAI's ChatGPT, China ranks second in AI and is providing credible competition, attracting $67.2 billion in AI-related private investment in 2023 compared to a mere $7.8 billion for the US, according to the Stanford report. Further, …

Mint Explainer: Will the $500 billion Stargate plan help the US trump China?
2 months ago

Mint Explainer: Will the $500 billion Stargate plan help the US trump China?

Live Mint  

BENGALURU : Geopolitics continues to dictate global tech policies and strategies. That said, though China-based Baidu Inc.'s Ernie bot may not hold up to OpenAI's ChatGPT, China ranks second in AI and is providing credible competition, attracting $67.2 billion in AI-related private investment in 2023 compared to a mere $7.8 billion for the US, according to the Stanford report. Further, …

Stargate: Softbank, OpenAI and Oracle’s ambitious $500 billion joint AI pact, explained
2 months ago

Stargate: Softbank, OpenAI and Oracle’s ambitious $500 billion joint AI pact, explained

Live Mint  

United States President Donald Trump earlier today unveiled a $100 billion “immediate” joint venture between SoftBank Group, OpenAI and Oracle Corporation to invest in artificial intelligence infrastructure, with aim to increase the fund to $500 billion, Bloomberg reported. $500 Billion Fund to Build AI Infrastructure Donald Trump was not alone while making the announcement, present in the room were SoftBank’s …

The Stargate project: Donald Trump announces up to $500bn investment in AI project
2 months ago

The Stargate project: Donald Trump announces up to $500bn investment in AI project

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Donald Trump on …

Stargate: Trump aims to give AI a $500 bn infrastructure boost, says ‘want to keep it in the US’
2 months ago

Stargate: Trump aims to give AI a $500 bn infrastructure boost, says ‘want to keep it in the US’

Firstpost  

Trump said Stargate will be building the physical and virtual infrastructure to power the next generation of advancements in AI, including the construction of ‘colossal data centers’ President Donald Trump announced on Tuesday a large investment in artificial intelligence infrastructure backed by Japanese conglomerate Softbank, cloud behemoth Oracle, and ChatGPT creator OpenAI. The company, known as Stargate, “will invest $500 …

Trump announces USD 500 billion AI initiative
2 months ago

Trump announces USD 500 billion AI initiative

Live Mint  

Washington, US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI. Together, these world-leading technology giants are announcing the formation of Stargate,” Trump announced on Tuesday at a White House news conference along with Oracle Chief Technology Officer Larry Ellison, Softbank …

Stargate: OpenAI, SoftBank announce $500 billion US-based AI data centre network; to create thousands of jobs
Top News
2 months ago

Stargate: OpenAI, SoftBank announce $500 billion US-based AI data centre network; to create thousands of jobs

Hindustan Times  

OpenAI's Sam Altman, Softbank's Masayoshi Son, and Oracle's Larry Ellison joined US President Donald Trump to announce The Stargate Project at a White House press conference on Tuesday, January 21. The OpenAI logo is seen in this illustration taken May 20, 2024 The Stargate Project is a system of data centres which will become the crucial infrastructure to support artificial …

OpenAI, SoftBank and Oracle announce $500 billion AI infrastructure project in US; Sam Altman says it can cure cancer
2 months ago

OpenAI, SoftBank and Oracle announce $500 billion AI infrastructure project in US; Sam Altman says it can cure cancer

Live Mint  

SoftBank Group, OpenAI and Oracle have announced that they are forming a $500 billion joint venture to fund artificial intelligence infrastructure in the United States with a new joint venture called 'Stargate'. The announcement was made by OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle Chairman Larry Ellison in the presence of President Trump, who called it the …

Trump highlights Stargate partnership investing $500 billion in AI
Top News
2 months ago

Trump highlights Stargate partnership investing $500 billion in AI

The Hindu  

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White …

OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
2 months ago

OpenAI, Oracle and Softbank team up on multibillion-dollar AI project

LA Times  

President Trump, accompanied by Oracle CTO Larry Ellison, from left, SoftBank CEO Masayoshi Son, and OpenAI CEO Sam Altman, announces an AI investment Tuesday at the White House. President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward computing infrastructure that will power artificial intelligence in the United …

Musk clashes with OpenAI’s Altman over $500bn Stargate
2 months ago

Musk clashes with OpenAI’s Altman over $500bn Stargate

Al Jazeera  

Hours after Trump announced the $500bn plan for Stargate, Musk questioned the value of the investment. Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s influence with the …

Stargate: What is Trump’s new $500bn AI project?
2 months ago

Stargate: What is Trump’s new $500bn AI project?

Al Jazeera  

AI giants join forces for a massive project aimed at growing technology in the United States. Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in the United States. Announcing The Stargate Project The Stargate Project is a new company which …

Trump announces $500bn ‘Stargate’ venture to build up AI infrastructure
2 months ago

Trump announces $500bn ‘Stargate’ venture to build up AI infrastructure

Al Jazeera  

US president says venture will be the largest AI infrastructure project in history ‘by far’. United States President Donald Trump has announced a $500bn joint venture with Texas-based tech firm Oracle, Japan’s SoftBank and ChatGPT-maker OpenAI to advance artificial intelligence infrastructure. Trump said the venture would be the largest AI infrastructure project in history “by far” and represented “a resounding …

Trump to announce up to $500 billion in AI infrastructure investment: Report
2 months ago

Trump to announce up to $500 billion in AI infrastructure investment: Report

Hindustan Times  

President Donald Trump is due to announce private sector investment of up to $500 billion to fund artificial intelligence infrastructure on Tuesday, two sources told Reuters. OpenAI, SoftBank and Oracle plan a Texas-based joint venture called Stargate, and have committed $100 billion initially and then up to $500 billion into Stargate over the next four years, the sources said. Trump …

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