Nor has Trump repealed Biden’s most recent AI executive order — a week-old action that seeks to remove hurdles for AI data center expansion in the U.S. while also encouraging those data centers to be powered with renewable energy.
President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a
The executive order directs the Department of Defense and the Department of Energy to lease federal sites to companies building AI infrastructure.
While SoftBank will be financially responsible, OpenAI will be operationally responsible for building AI infrastructure in the US.
When Biden's AI Order was established, half a dozen US politicians applauded the measure alongside industry executives like Microsoft President Brad Smith, who called it a "critical step forward in the governance of AI technology" (In October, Microsoft founder Bill Gates quietly supported Kamala Harris for president with a $50 million donation).
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later. For a Japan Inc anxious ab
Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in the United States.
The move is one of many executive actions focused on the federal workforce enacted since Trump took office Monday afternoon. His other actions addressed DEI hiring more broadly, froze hiring in most executive agencies and directed a return to in-person work for many federal employees, among other directives.