Trump announces up to $500 billion in private sector AI infrastructure investment

Trump announces up to 0 billion in private sector AI infrastructure investment

President Trump announced Tuesday billions of dollars in private sector investment to build artificial intelligence infrastructure in the United States, although Elon Musk soon cast doubt on the size of the investment.

OpenAI, Softbank and Oracle are planning a joint venture called Stargate, Mr. Trump said in a White House briefing. 

SoftBank CEO Masayoshi Son joined Mr. Trump for the announcement, along with Sam Altman of OpenAI and Larry Ellison of Oracle.

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