Trump announces up to $500 billion in AI infrastructure investment

Trump announces up to $500 billion in AI infrastructure investment
yahoo.com

by Steve Holland • 10 days ago

U.S. President Donald Trump announced a private sector investment of up to $500 billion for artificial intelligence infrastructure, aiming to outpace competitor nations. Key players like OpenAI, SoftBank, and Oracle will collaborate on a joint venture called Stargate, creating over 100,000 jobs and constructing data centers. The project could enhance AI applications in healthcare. The announcement follows the rollback of a previous executive order on AI risks.

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