Trump Unveils $500 Billion AI Project 'Stargate' to Boost US Tech Leadership

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In a major announcement from the White House, President Donald Trump introduced a groundbreaking initiative called 'Stargate,' aimed at establishing the United States as a global leader in artificial intelligence (AI). The project, involving a private sector investment of up to $500 billion, seeks to enhance the country's AI infrastructure, creating over 100,000 jobs in the process.

During a press briefing, Trump emphasized the significance of AI for business and national competitiveness, particularly in the face of increasing rivalry from China. The venture is a collaboration among major players in the tech industry, including OpenAI, SoftBank, and Oracle, with an initial commitment of $100 billion already secured for immediate deployment.

Oracle Chairman Larry Ellison revealed that the first data centers under Stargate are currently being constructed in Texas. The project encompasses plans for twenty data centers, each spanning half a million square feet, designed to support advancements in AI technology, particularly in areas like healthcare.

Trump expressed optimism about the impact of Stargate, stating it would facilitate the development of cutting-edge AI applications, including analysis of electronic health records to improve patient care. As he discussed the potential transformative effects on America’s economy, Trump declared this initiative could lead to what he termed "the golden age of America."

Stargate represents a significant investment in the future of AI, positioning the United States as a frontrunner in this critical technology sector.

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