By Associated Press
Metal service
Washington – President Donald Trump spoke on Tuesday a joint investment company of up to $ 500 billion for infrastructure related to synthetic intelligence through a new form in shape through Openai, Oracle and Softbank.
The new entity, Stargate, will begin building knowledge centers and the production of compulsory electricity for the next progression of AI in immediate evolution in Texas, according to the White House. The initial investment is $ one hundred billion and can succeed in this amount five times.
“It’s wonderful cash and high-quality people,” Trump said, adding that he is “a resounding confidence in America’s potential” under his new administration.
Shortly after Trump’s announcement, Abilene Development Corporation said in a written statement that the multibillion-dollar initiative would promptly allocate $100 billion to “establish critical AI infrastructure in the United States, starting in Abilene, Texas. “
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Masayoshi, son of SoftBank, Sam Altman de Openai and Larry Ellison d’Oracle. The 3 accredited Trump for helping to make the task possible, even if the construction has already done so and the assignment dates back to 2024.
“This will be the most important project of this era,” said Altman, CEO of OpenAI.
Ellison noted that the data centers are already under construction with 10 being built so far. The chairman of Oracle suggested that the project was also tied to digital health records and would make it easier to treat diseases such as cancer by possibly developing a customized vaccine.
“This is the beginning of golden age,” said Son, referencing Trump’s inaugural speech statement that the U.S. would be in a “golden age” with him back in the White House.
Son, a billionaire based in Japan, already committed in December to invest $100 billion in U.S. projects over the next four years. He previously committed to $50 billion in new investments ahead of Trump’s first term, which included a large stake in the troubled office-sharing company WeWork.
Although Trump took similar ads to show that his presidency stimulates the economy, there were already expectations of a great structure in the knowledge centers and electric power factories for the progression of AI, which has the promise to develop productivity through The automation of the paintings, but also the threat also the threat. to move jobs if they are poorly implemented.
The initial plans for Stargate go back to the Biden administration. Tech news outlet The Information first reported on the project in March 2024. OpenAI has long relied on Microsoft data centers to build its AI systems, but it has increasingly signaled an interest in building its own data centers.
Operai wrote in a letter to the administration department of the administration biden the past fall to make plans and allow those projects “can be long and complex, especially for energy infrastructure. “
Other partners in the task come with Microsoft, investor MGX and chipmakers ARM and NVIDIA, according to separate statements from Oracle and OpenAI.
The impulse to build knowledge centers before Trump’s presidency. Last October, Blackstone’s monetary corporate estimated that the United States would see $ 1 billion invest in five -year knowledge centers, one billion dollars internationally participated.
Those estimates for investments suggest that much of the new capital will go through Stargate as OpenAI has established itself as a sector leader with the 2022 launch of its ChatGPT, a chatbot that captivated the public imagination with its ability to answer complex questions and perform basic business tasks.
The White House has emphasized the ease of building the new generation of force in anticipation of the expansion of AI, knowing that the United States is in a competitive race with China to expand the generation that is followed through companies.
However, IA regulatory clients remain uncertain, because Trump canceled the order in 2023 signed through the president of Monday, Joe Biden runs the risk of national security and economic well -being.
CBS News first reported that Trump would announce AI.
Trump supporter Elon Musk, worth more than $400 billion, was an early investor in OpenAI but has since challenged its move to for-profit status and has started his own AI company, xAI. Musk is also in charge of the “Department of Government Efficiency” created formally on Monday by Trump with the goal of reducing government spending.
Trump in the past announced in January a $20 billion investment through Damac Properties in the UAE to build AI-related knowledge hubs.