Trump unveils US$500 billion AI infrastructure project
23 January 2025
US President Donald Trump has announced a private sector initiative with ChatGPT creator OpenAI, Oracle and SoftBank to build US$500 billion of next generation data centers and other artificial intelligence infrastructure in the US.
At a White House press conference the day after his inauguration, Trump said that the joint venture between OpenAI, US tech giant Oracle, Japan-based Softbank and Emirati tech investment vehicle MGX was “by far” the largest AI infrastructure project in history.
The three companies will create a new business, called…
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