OpenAI, Oracle and Softbank team up on multibillion-dollar AI project

President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward computing infrastructure that will power artificial intelligence in the United States.

“It will ensure the future of technology,” Trump said at a news conference at the White House, where he was joined by executives from the high-profile companies. “What we want to do is we want to keep it in this country. China is a competitor and others are…