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Trump Announces $100 Billion A.I. Initiative

21 January 2025
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Trump Announces 0 Billion A.I. Initiative
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President Trump announced a joint venture between OpenAI, SoftBank, and Oracle to create $100 billion in computing infrastructure for artificial intelligence, with a potential investment of $500 billion over four years. The venture, named Stargate, will have 10 data centers in Texas and aims to accelerate American-made A.I. production. Trump also addressed TikTok’s potential sale, expressing support for Elon Musk or Oracle purchasing the app. Tech executives have supported Trump to avoid regulatory issues, and OpenAI has sought additional data centers built by Oracle for their A.I. tools.

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