President Donald Trump is expected to announce a new investment push for artificial intelligence led by Softbank Group, OpenAI and Oracle, with the three companies preparing to announce a joint venture worth billions of dollars.
Trump will be joined by Softbank’s Masayoshi Son, OpenAI’s Sam Altman, and Oracle’s Larry Ellison to announce an initial $US100 billion ($159 billion) investment — which could scale up to $US500 billion over the next four years — on Tuesday afternoon…
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https://www.afr.com/technology/trump-readies-new-ai-push-with-openai-softbank-oracle-20250122-p5l6a6
