During the electoral campaign, Donald Trump announced that he would give pride of place to innovation if he were elected. Barely invested, the 47th President of the United States unveiled the Stargate project which aims to develop infrastructures dedicated to artificial intelligence on American soil with the help of several players in the sector.
Well surrounded, Donald Trump is betting more than ever on artificial intelligence
Just like cryptocurrencies and blockchain, artificial intelligence (AI) was one of the major points discussed during the electoral campaign. In recent months, Donald Trump has never hidden his desire to consolidate the leading position of the United States in this sector, particularly in the face of fierce competition from China.
And this Tuesday, during a press conference, the new American president has given itself the means to achieve this objective. Donald Trump announced that an investment of 500 billion dollars was going to be carried out in order to finance Stargate, a project aimed at developing infrastructure dedicated to AI, mainly in the state of Texas.
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This funding was made possible thanks to supporting several players in the sector : OpenAI which is the AI company behind ChatGPT, the Japanese SoftBank, MGXan AI investment company, or the cloud specialist Oracle.
During this press conference, Donald Trump was accompanied the Sam Altman, the CEO of Open AI, by Larry Ellisonthe president, CTO and founder of Oracle, as well as de Masayoshi Sonthe CEO of SoftBank. The President of the United States spoke about Stargate, considering the project as a pillar of the country’s technological strategy :
This project is a crucial step to maintain technology in our country. We want to avoid that our progress is not dominated by competitors like China. We are facilitating this project by simplifying the procedures for the production of electricity and the construction of the necessary infrastructure.
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Brand new infrastructures for the development of new innovative solutions
In fact, OpenAI will not inject money into the projecthis current finances do not allow him to make such expenses. However, the firm led by Sam Altman will bring its expertise as well as its technology for the smooth running of Stargate.
The other project stakeholders will all inject a certain amount of money. For now, 100 billion dollars must be injected soon. The remaining $400 billion will be paid gradually over the next 4 years. It is important to note that at this time, it is unclear to what degree the Trump Administration will be involved in the project.
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-According to Sam Altman, « deployment is underway, starting with Texas, and we are evaluating potential sites across the country for other campuses as we finalize final agreements “. For his part, Larry Ellison declared that a range of applications developed by his company would arise from these infrastructures.
Finally, Arm, Nvidia et Microsoft are present alongside the project stakeholders, helping with the construction and operation of this gigantic IT complex. According to Donald Trump, the creation of this gigantic complex will create “ almost immediately more than 100,000 jobs in the United States ».
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Source : ABC News
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Surprised by the rise of crypto-assets at the end of the 2010s, I began to closely follow this sector which fascinates me to the greatest extent. When I’m not in football stadiums, rugby stadiums or handball halls, I work on writing relevant articles around cryptocurrencies and more broadly, Web3.
Zacharie Tazrout
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