by Josh Boak, Associated Press, Zeke Miller, Associated Press • 17 days ago
President Trump is set to announce a $500 billion investment in AI infrastructure through a partnership called Stargate, involving OpenAI, Oracle, and SoftBank. The initiative aims to develop data centers and power generation in Texas, starting with an initial $100 billion investment. Key figures, including Masayoshi Son and Sam Altman, emphasize the project's potential in transforming healthcare and driving economic growth. The investment reflects ongoing competition with China in AI development.