"Stargate" Trump announces billion-dollar AI project






Donald Trump announces investments by several companies in the infrastructure of artificial intelligence. project “Stargate” is expected to create 100,000 jobs, according to the US President.

ChatGPT developer OpenAI and major technology partners want to invest $500 billion in new data centers for artificial intelligence (AI). Initially, 100 billion dollars (96 billion euros) will be invested in the joint venture called Stargate. US President Donald Trump announced the project, which is intended to create 100,000 jobs in the USA, at the White House.

The new US President is focusing on AI right at the beginning of his term in office. With one of his first decrees on Monday, he overturned the guardrails for the development of AI that his predecessor Joe Biden had set in autumn 2023. According to Biden’s order at the time, developers had to inform the US government when they were training the AI ​​models for programs that could potentially be dangerous to national security, the economy or health. They should also share security test results with authorities.

A trio for Stargate

One of the concerns surrounding AI is that it could be used to develop dangerous malware or even biological weapons. Trump’s current message to the industry, however, is to just get started.

The OpenAI partners in Stargate are initially the software giant Oracle and the Japanese technology group Softbank owned by billionaire Masayoshi Son. OpenAI boss Sam Altman has long been calling on the USA to invest massively in AI data centers and the energy supply for them – also to maintain the lead over other countries such as China. Applications with artificial intelligence require enormous amounts of computing power – on the one hand when training the AI ​​models and on the other hand when operating them.

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Focus on medicine

The project should start with data centers in Texas, said Oracle founder Larry Ellison at the meeting with Trump. He pointed out that AI will improve healthcare by analyzing patient data. The investment volume of 500 billion dollars should be reached in four years, said Son.

Altman said Stargate will be one of the most important projects for the United States. He was also convinced that diseases can be better combated with the help of AI.

A woman in a red dress walks down a street in Tokyo.

With the ChatGPT company’s new tool, users can generate videos in impressive quality.

Tech bosses with a history

Ellison is known as a supporter of Donald Trump. Son is currently trying to make up for Softbank’s disastrous investments in failed companies like the office space start-up WeWork, where billions vanished into thin air, with a big bet on AI.

For Altman, the joint announcement with Trump is a particular success: He is in a conflict with tech billionaire Elon Musk, who is currently one of the president’s closest confidants. Musk went to court to stop OpenAI’s transformation into a for-profit company. In return, Altman’s company accuses Musk of wanting to seize control during his time at OpenAI. Musk has since set up the competing company xAI.

mth

  • Donald Trump

  • Stargate

  • Artificial intelligence

  • USA