A $500billion investment in re-industrialising the USA, building a strategic capability to protect national security and competing with China.
The United States has taken another step toward cementing its leadership in artificial intelligence (AI) with the announcement of an ambitious $500 billion project spearheaded by President Donald Trump.
Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project.
At a press conference capping his first full day back in the White House, Donald Trump stood beside three of the most influential executives in the world—Sam Altman of OpenAI, Larry Ellison of Oracle,
Despite the American government’s efforts to hold back China’s AI industry, two Chinese firms had reduced their American counterparts’ technological lead to a matter of weeks. It is not just with reasoning models that Chinese firms are in the vanguard: in December DeepSeek published a new large language model ( LLM ),
Nasdaq 100 climbs at the opening bell as Netflix’s stellar earnings and AI investments fuel tech stock momentum. Will the rally sustain?
Sam Altman's announcement of having secured $500 billion in funding for building OpenAI's datacenters had been met with open skepticism by Elon Musk, but it appears that some of his allies don't seem
Stargate identified NVIDIA NVDA, Microsoft MSFT, and British chip designer Arm (ARM) as "key initial technology partners" to build U.S.-based data centers to power artificial intelligence advancements. OpenAI revealed that $100 billion would be deployed immediately, with up to $500 billion invested over the next four years.
The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
WHEN SAM ALTMAN, boss of OpenAI, posted a gnomic tweet this month saying “There is no wall,” his followers on X, a social-media site, had a blast. “Trump will build it,” said one. “No paywall for ChatGPT?” quipped another. It has since morphed from an in-joke among nerds into a serious business matter.
Project Stargate is a $500-billion joint venture with OpenAI, Oracle, SoftBank, and MGX to build AI-focused infrastructure including data centres across the US over the next four years—Trump’s first major business initiative since returning to office.
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the U.S.