Trump unveils $500bn joint AI venture between OpenAI, Oracle and SoftBank

Dubbed Stargate, it aims to construct data centers and infrastructure needed to power AI development

Donald Trump has unveiled what he called “the largest AI infrastructure project in history” – a $500bn joint venture between OpenAI, Oracle and SoftBank that aims to build a network of data centres across the US.

The new partnership, dubbed Stargate, aims to construct essential data centers and computing infrastructure needed to power artificial intelligence development and, according to Trump, create over 100,000 American jobs “almost immediately”.

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