Reported about 6 hours ago
Trump’s ambitious Stargate AI project, backed by companies like OpenAI, Oracle, and SoftBank, aims to generate over 100,000 jobs and deploy $100 billion immediately for data centers across the U.S. However, funding concerns arise, with Elon Musk questioning the viability of SoftBank's financial support. Despite the initial surge in stock prices for involved companies, the project's promise of job creation is met with skepticism, given that similar data center initiatives employ few workers. Critics argue about the lack of transparency in local economic impacts, while Meta announces significant spending plans that could overshadow Stargate's projections.
Source: YAHOO