Trump Plans to Announce $100 Billion A.I. Initiative

The New York Times ^ | Jan. 21, 2025, 2:47 p.m. ET | Cecilia Kang and Cade Metz

[E. Pluribus Unum]

President Trump on Tuesday is expected to announce a joint venture between OpenAI, SoftBank and Oracle to create at least $100 billion in computing infrastructure to power artificial intelligence, according to two people familiar with the announcement.

The venture, called Stargate, adds to tech companies’ significant investments in U.S. data centers, huge buildings full of servers that provide computing power. It could eventually total as much as $500 billion over four years, said the people. The three companies plan to contribute funds to the venture, which will be open to other investors and start with a first data center in Texas.

The announcement of the joint venture is set to be an early trophy for Mr. Trump, even though the effort to form the venture predates his taking office on Monday. Mr. Trump has promised to accelerate the production of American-made A.I. to compete against China for global leadership in the technology, and on Monday he rolled back an executive order from former President Joseph R. Biden Jr. that imposed standards on safety and other requirements for government use of A.I.

OpenAI’s chief executive, Sam Altman; SoftBank’s chief, Masayoshi Son; and Oracle’s founder, Larry Ellison, will be at the White House announcement with Mr. Trump, the people said.

CBS earlier reported news of the announcement.

OpenAI has long worked on financing its ambitious goals to build data center campuses around the world. This month, the company pitched an economic road map for the new administration that centered on a large-scale plan for U.S. data centers that are used to power A.I. tools like its ChatGPT.

For years, Microsoft, which is OpenAI’s largest investor, provided data center infrastructure needed to power the start-up. But as the ChatGPT maker struggled to get enough computer power from Microsoft,...

[E. Pluribus Unum]

I, for one, welcome our new A.I. overlords.

[lapsus calami]

 

 

100 billion? They just announced at the presser it's in the trillions.

 

 

[rdl6989]

This is YUUUGE!

[know.your.why]

Didnt see this one coming.

[dadfly]

mrna cancer vaccines? no thanks Mr. President.

[Dr. Sivana]

100 billion? They just announced at the presser it's in the trillions.

Trump and some Oriental AI guy both daid $500 billion.

[ProtectOurFreedom]

Did they announce a $100 billion power plant initiative to go along with it?

[Baldwin77]

I heard MNRA and I want to hear no more. What is it with Trump and vaccines ?

[AnotherUnixGeek]

$100 billion in computing infrastructure to power artificial intelligence,

I assume this means getting rid of the endless red-tape and environmental gates needed to construct new fission reactors. AI requires huge amounts of energy, and solar/wind isn't going to provide it.

[captmar-vell]

Deploy AI models over a quantum chip like say Googles Sycamore or Willow (105 qubits) and we’ll have AGI in short order, meaning we likely already do have it. Scary times for sure.

Look up Microsoft’s (evil) Sydney AI persona, AI also hallucinates false data.

[Bobbyvotes]

I am still waiting for cold fusion to produce limitless eenergy.

[lapsus calami]

 

 

Yeah, but they're aiming to go well beyond that figure. I heard that.

 

 

[virgil]

Your insurance probably won’t pay for it anyway.

[rktman]

Presser says 500 billion.

[lapsus calami]

 

 

I know - they're aiming for way past that.

 

 

[sasquatch]

They’re aiming way beyond mrna.

[Irenic]

I am right there with you. No thanks.

[Irenic]

Insurance will probably drop you if you don’t take the vaccine.

[virgil]

I think they would charge a lot for that shot.

[I got the rope]

So two Californians and a Jap want to buid in texas and bring in more H1-Bs. Wtf.

They want to take advantage of low taxes, cheap power, the incredibly fats permitting process then bring in foreigners? Then...then Trump said he was OK with it. Eff that. If they keep pushing their bullshit he will lose the house and senate in two years. Open ai is dogshit. We can do better