“US President Donald Trump announced the Stargate initiative – a joint project of OpenAI, SoftBank and Oracle aimed at investing up to 500 billion dollars in the development of artificial intelligence infrastructure in the United States.”, — write: www.pravda.com.ua
Source: Financial Times, Associated Press, broadcast of Trump’s speech on the official White House YouTube channel
Details: During the announcement at the White House, Trump said that Stargate will start with an initial investment of $100 billion. with the prospect of increasing it to 500 billion dollars. over the next four years. The project involves the construction of large data centers, starting in Texas, to support the development of artificial intelligence.
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“This monumental undertaking is a resounding declaration of confidence in America’s potential under a new president,” said Trump, surrounded by SoftBank founder and CEO Masayoshi Son, OpenAI head Sam Altman and Oracle co-founder Larry Ellison.
Microsoft, MGX, Arm and NVIDIA are also project partners. Masayoshi Son will lead the joint venture.
Trump added that Stargate will create “the physical and virtual infrastructure to enable the next generation of AI advancements, which will include the construction of colossal data centers.”
The president said Stargate would create 100,000 jobs “almost immediately” and preserve America’s “technological future.”
“This will be the most important project of this era,” Altman said.
Stargate aims to expand opportunities for training and launching new AI models. The company will first build a data center in Abilene, Texas, which is already under construction, and then expand to other states.
“This project will not only support the reindustrialization of the United States, but also provide a strategic opportunity to protect the national security of America and its allies,” OpenAI said in a statement.
Verbatim FT: “The rapid development of AI systems over the past two years has put a significant strain on US infrastructure, with data centers becoming a particular bottleneck. The latest models, such as OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude chatbots, require massive data and computing power for learning and work”.
Details: Leading figures in the field of artificial intelligence, including Altman, emphasize that improved infrastructure is necessary to develop the next stage of AI models and compete with China for dominance in this technology.
Literally OpenAI: “We all look forward to the continued creation and development of AI, particularly AGI, for the benefit of all humanity. We believe this new step is critical in that journey and will enable creative people to understand how to use AI to advance humanity.”
Prehistory:
- On his first day in office, US President Donald Trump rescinded his predecessor Joe Biden’s 2023 executive order aimed at reducing the risks associated with artificial intelligence.
- Trump also signed an executive order withdrawing the United States from the Paris Climate Agreement, an international pact aimed at combating global warming.