Nor has Trump repealed Biden’s most recent AI executive order — a week-old action that seeks to remove hurdles for AI data center expansion in the U.S. while also encouraging those data centers to be powered with renewable energy.
Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.
Trump found a letter from Biden in the Oval Office's Resolute desk after a Fox News journalist reminded him to look for it.
President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.
When Biden's AI Order was established, half a dozen US politicians applauded the measure alongside industry executives like Microsoft President Brad Smith, who called it a "critical step forward in the governance of AI technology" (In October, Microsoft founder Bill Gates quietly supported Kamala Harris for president with a $50 million donation).
The revoked order targeted by Trump, President Lyndon B. Johnson’s Executive Order No. 11246, represented a watershed moment in civil rights enforcement when originally signed. President Barack Obama expanded the order in 2014 to protect against discrimination based on sexual orientation or gender identity.
Son has appeared with Trump twice since the November presidential election, last month pledging to invest $100 billion in the U.S. and this week partnering with OpenAI and Oracle on a $500 billion AI infrastructure venture called Stargate.
President Donald Trump on Tuesday is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence
US President Joe Biden is commuting the sentences of nearly 2,500 people convicted of non-violent drug offences, three days before he leaves office. Biden said the offenders were "serving ...
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...