US President Donald Trump announced the launch of a joint venture, The Stargate Project, which will involve OpenAI, Oracle and SoftBank. He spoke about this in the methodology of OpenAI CEO Sam Altman, Oracle co-founder Larry Ellison and SoftBank head Masayoshi Son.
Responsibility for financial development lies with SoftBank, and for operational management with OpenAI. In addition, other technology leaders are ahead of Arm, Nvidia and Microsoft.
The company will develop artificial intelligence and build data centers under it in Texas. Ten of them are already under construction. Trump will produce the necessary signs to speed up the process.
The initial investment will be $100 billion. And over four years, another $400 billion will be invested in the company. [Bloomberg]
Source: Iphones RU
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