The companies OpenaAI, SoftBank and Oracle will invest US$500 billion by forming a joint company called Stargate.
donald trumppresident of the United States, announced this Tuesday that three leading companies will make a strong investment in the infrastructure of artificial intelligence (AI).
In a meeting at the White House, the recently assumed command of the North American country confirmed that OpenAI, Softbank and Oracle They are planning a joint venture called Stargate.
The word of investors
SoftBank CEO Masayoshi Sonjoined Trump for the announcement, along with Sam Altman from OpenAI and Larry Ellison from Oracle. Likewise, company executives are expected to invest US$500,000 million on Stargate in the next four years.
“China is a competitor, others are competitors. We want to be in this country and we are making it available. I am going to help a lot through emergency declarations, because we have an emergency, we have to build these things. So they have to produce a lot of electricity. And we will make it possible for you to carry out this production easily, in your own plants if you wish.“, he expressed. And he added: “What we want to do is keep him in this country.”
At the briefing, Ellison said that 10 data centers were already being built for the project in Texas and that more were planned to be built. As revealed CBS NewsStargate would begin the project in that state and, over time, would expand to other states.
In that sense, the Oracle manager added: “AI holds incredible promise for all of us, for every American.”
For his part, Altman thought that probably “this will be the most important project of this era”and Trump assured that he himself would create “more than 100,000 American jobs almost immediately.”
Lastly, the creator of ChatGPT stated: “I think that as this technology advances, we will see that diseases are cured at an unprecedented rate“.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
