A new AI initiative titled 'Stargate' is set to be unveiled by President Trump in collaboration with CEOs from OpenAI, Softbank, and Oracle. The initiative aims to invest initially $100 billion, establishing a data center in Texas, with plans to expand investments to $500 billion and open more data centers across the U.S. Softbank's Masayoshi Son, Oracle's Larry Ellison, and OpenAI's Sam Altman are key figures in emphasizing the critical need for enhanced AI infrastructure to maintain technological leadership.
"Infrastructure in the United States is super important, AI is a little bit different from other kinds of software in that it requires massive amounts of infrastructure, power, computer chips, data centers."
"We need to build that here and we need to be able to have the best AI infrastructure in the world to be able to lead with the technology and the capabilities."
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