A day after his inauguration, President Trump announced the Stargate AI Investment Project to invest up to $500 billion to ensure U.S. dominance and leadership in artificial intelligence while creating hundreds thousands of AI jobs for Americans.
Funding of $100 billion is immediately available, with the remainder expected to be made available in the coming years by MGX, OpenAI, Oracle and Softbank. Projects already underway include ten 500,000 square foot data centers in Abilene, Texas, with 20 more planned. Stargate is also partnering with ARM, Microsoft and Nvidia on the necessary technology.
Softbank CEO Masayoshi Son emphasized that the project is not only about making profits, but also about helping humanity in innovative ways, as only AI can do. Larry Ellison, founder of Oracle, highlighted the great ability of AI to create personalized cancer vaccines from blood tests.
Readers curious to learn more about AI in drug development can check out this Nature article or this book on Amazon. Job seekers who want to take advantage of the wave of AI jobs in Texas can check out this book on Amazon to learn how to move to Texas.
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