According to a statement by US President-elect Donald Trump, which he made on Tuesday during a meeting at the White House, three leading technology firms will create a new company to develop artificial intelligence infrastructure in the United States.
According to a statement by US President-elect Donald Trump, which he made on Tuesday during a meeting at the White House, three leading technology firms will create a new company to develop artificial intelligence infrastructure in the United States.
Trump called the company «the largest AI infrastructure project in history,» CNN reports .
Donald Trump was joined at the White House by OpenAI CEO Sam Altman, Japanese telecommunications holding company SoftBank CEO Masayoshi Son, and Oracle CEO Larry Ellison, who announced in a statement that they would be creating a company called Stargate.
Project participants and executives of leading technology firms plan to invest $100 billion in the project immediately, and in the coming years they plan to invest up to $500 billion in Stargate.
Trump said the project is expected to create 100,000 jobs in the U.S. He also added that Stargate will build «the physical and virtual infrastructure for next-generation AI,» including data centers across the country.
Larry Ellison said that work on the project has already begun, in particular, the group’s first 1 million square foot project is already under construction in Texas.
«We couldn’t have done it without you, Mr. President,» added Sam Altman, saying it would be the most important project of this era.
