Reported about 9 hours ago
President Donald Trump unveiled a new partnership on Tuesday involving investments of up to $500 billion for AI-related infrastructure development, formed by OpenAI, Oracle, and SoftBank. The new entity, named Stargate, will initiate projects in Texas, with notable figures such as Masayoshi Son and Larry Ellison joining the announcement. The investments are part of a broader effort to enhance AI's development in the U.S., amid ongoing competition with China and a shifting regulatory landscape.
Source: YAHOO