Japanese tech giant SoftBank Group Corp. as well as Open AI and Oracle Corp. will form a new company that will invest at least $500 billion on artificial intelligence infrastructure in the United States, President Donald Trump announced Tuesday, saying it would bring a massive number of jobs to the country.
The investment, under what is called the Stargate Project, will be made over the next four years, building new AI infrastructure for OpenAI, according to a statement…
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