{"id":1979,"date":"2025-01-25T09:47:19","date_gmt":"2025-01-25T09:47:19","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-announces-100-billion-stargate-a-i-initiative-with-openai-oracle-and-softbank\/"},"modified":"2025-01-25T09:47:19","modified_gmt":"2025-01-25T09:47:19","slug":"trump-announces-100-billion-stargate-a-i-initiative-with-openai-oracle-and-softbank","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-announces-100-billion-stargate-a-i-initiative-with-openai-oracle-and-softbank\/","title":{"rendered":"Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">President Trump on Tuesday announced a joint venture between OpenAI, SoftBank and Oracle to create at least $100 billion in computing infrastructure to power artificial intelligence.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The venture, called Stargate, adds to tech companies\u2019 significant investments in U.S. data centers, huge buildings full of servers that provide computing power. Stargate could eventually invest as much as $500 billion over four years. The three companies plan to contribute funds to the venture, which will be open to other investors and start with 10 data centers already under construction in Texas.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The announcement of the joint venture was an early trophy for Mr. Trump, even though the effort to form the venture predates his taking office on Monday. Mr. Trump has promised to accelerate the production of American-made A.I. to compete against China for global leadership in the technology, and on Monday he rolled back an executive order from former President Joseph R. Biden Jr. that imposed standards on safety and other requirements for government use of A.I.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">During a news briefing Tuesday, Mr. Trump said he would remove barriers to allow for the creation of more data centers. He said he would make \u201cemergency declarations\u201d to allow Stargate to generate its own electricity, without providing details.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">\u201cThis monumental undertaking is a resounding declaration of confidence in America\u2019s potential,\u201d Mr. Trump said from the White House\u2019s Roosevelt Room.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cWe\u2019re going to make it as easy as it can be,\u201d he added.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">OpenAI\u2019s chief executive, Sam Altman; SoftBank\u2019s chief, Masayoshi Son; and Oracle\u2019s founder, Larry Ellison, were at the White House announcement with Mr. Trump.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump separately addressed questions from reporters about the potential sale of TikTok. On Monday he signed an <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/20\/technology\/trump-tiktok-ban-delay-executive-order.html\" title=\"\">executive order that aims to stall enforcement of a law<\/a> that forces a sale or bans the popular app in the United States over national security concerns.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">When asked if he would be in favor of<span class=\"css-8l6xbc evw5hdy0\">  <\/span>Elon Musk buying TikTok, Mr. Trump said, \u201cI would be, yeah.\u201d Then he turned to Mr. Ellison and said Oracle could also purchase TikTok.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cI have the right to make a deal,\u201d Mr. Trump added.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Tech executives have rushed to show their support for Mr. Trump in recent months in hopes of currying favor and shielding themselves from regulatory retaliation. They have donated millions to his campaign and inauguration. Mr. Altman attended the inauguration and the chiefs of Google, Apple and Meta occupied prime seats in the Capitol Rotunda.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-2\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Mr. Trump has extolled the promise of artificial intelligence for economic growth and appointed David Sacks, a venture capital investor, to a new position as his A.I. adviser.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">OpenAI has long <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2024\/12\/17\/technology\/openai-chatgpt-funding.html\" title=\"\">worked on financing<\/a> its ambitious goals to build data center campuses around the world. <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2025\/01\/13\/technology\/openai-economic-blueprint.html\" title=\"\">This month, the company pitched an economic road map for the new administration<\/a> that centered on a large-scale plan for U.S. data centers that are used to power A.I. tools like its ChatGPT.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">For years, Microsoft, which is OpenAI\u2019s largest investor, provided data center infrastructure needed to power the start-up. But as the ChatGPT maker struggled to get enough computer power from Microsoft, the two companies agreed that OpenAI could seek additional data centers built by Oracle.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">(The New York Times has <a class=\"css-yywogo\" href=\"https:\/\/www.nytimes.com\/2023\/12\/27\/business\/media\/new-york-times-open-ai-microsoft-lawsuit.html\" title=\"\">sued<\/a> OpenAI and its partner, Microsoft, claiming copyright infringement of news content related to A.I. systems. The two companies have denied the suit\u2019s claims).<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Last year, Mr. Altman began meeting with investors in the United Arab Emirates, computer chip makers in Asia and officials in Washington, proposing that they unite to build new computer chip factories and data centers across the globe.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<div data-testid=\"companionColumn-3\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">After officials in Washington expressed concern that a U.S. company was trying to build vital technology in the Middle East, OpenAI focused on building new data centers in the United States.<\/p>\n<\/div>\n<aside class=\"css-ew4tgv\" aria-label=\"companion column\"\/><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.nytimes.com\/2025\/01\/21\/technology\/trump-openai-stargate-artificial-intelligence.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Trump on Tuesday announced a joint venture between OpenAI, SoftBank and Oracle to create at least $100 billion in<\/p>\n","protected":false},"author":1,"featured_media":1980,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[213,123,218,114,217,214,215,219,216,113,111],"class_list":["post-1979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-artificial-intelligence","tag-computers-and-the-internet","tag-data-centers","tag-donald-j","tag-microsoft-corp","tag-openai-labs","tag-oracle-corporation","tag-regulation-and-deregulation-of-industry","tag-softbank-corporation","tag-trump","tag-united-states-politics-and-government"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Announces $100 Billion Stargate A.I. 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