Trump to Unveil Major AI Investment Initiative with Softbank, OpenAI, and Oracle

Reported about 9 hours ago

President Donald Trump is set to announce a massive artificial intelligence investment initiative involving Softbank, OpenAI, and Oracle, with an initial commitment of $100 billion potentially rising to $500 billion over the next four years. Joining him will be notable figures from the three companies, including Masayoshi Son, Sam Altman, and Larry Ellison. This plan aims to enhance U.S. leadership in AI technology, creating significant job opportunities and bolstering the necessary infrastructure to support this rapidly evolving field.

Source: YAHOO

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