The new American president announced this Tuesday the establishment of a new artificial intelligence project called “Stargate” and which includes investments “of at least 500 billion dollars.”
Donald Trump announced this Tuesday, January 21, a new artificial intelligence project, called “Stargate”, including investments of “at least 500 billion dollars” in the United States.
Surrounded at the White House by Larry Ellison, boss of Oracle, Sam Altman, boss of OpenAI and Masayoshi Son, boss of the Japanese holding company SoftBank, the American president announced the creation of this “new American company which will invest in least $500 billion in AI infrastructure in the United States, and will move very, very quickly to create more than 100,000 American jobs.”
Data centers “already under construction”
This is “the largest infrastructure for artificial intelligence in our history”, according to the American president. Donald Trump indicated “that he will do everything possible” to promote the implementation of this project. “Physical infrastructure will be built” as part of “Stargate,” this “including data centers.”
“The first ones are already being built in Texas,” near Abilene (north-east), said Oracle president and co-founder Larry Ellison.
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The development of the “cloud”, of AI in general and of generative AI in particular requires immense data storage capacities, which has boosted the need for “data centers”.
SoftBank boss Masayoshi Son said the “Stargate” joint venture would “start deploying $100 billion immediately,” with the goal of reaching a total of $500 over four years.
These investments “are money that normally would have gone to China or other countries, but more particularly to China,” said Donald Trump.
Each in turn, the three bosses thanked Donald Trump. “We couldn’t have done this without you,” Masayoshi Son said.