A few hours ago, US President Donald Trump announced that the American AI infrastructure will receive investments of $500 billion.
President of the United States Donald Trump has announced major investments in the US AI infrastructure. The Stargate partnership will be created for investments, which will include OpenAI, Softbank, and Oracle. Mr. Trump noted that China, as well as other countries, are competitors to the United States in the development of artificial intelligence applications, and suggested focusing on "domestic" AI development. He also emphasized the importance of generating sufficient electricity. It was also noted that the project will create about 100,000 jobs in the country.
It is expected that the planned $500 billion will be invested in the next four years. In addition, it is possible that the Stargate partnership will be supplemented by new participants.
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