Stargate: Donald Trump government’s big announcement on AI; 500 billion dollars will be invested, more than one lakh people will get jobs
Stargate: US President Donald Trump has announced an investment of $500 billion in the infrastructure of artificial intelligence i.e. AI through a new company. It is being planned in partnership with Oracle, Softbank and Open AI. The name of the new venture is Stargate. Let’s know what Donald Trump has said about this.
US President Donald Trump has announced an investment of $500 billion in the infrastructure of artificial intelligence i.e. AI through a new company. It is being planned in partnership with Oracle, Softbank and Open AI. It is believed that this will be the biggest project in the IT sector so far.
Investment in AI will start from 10 data centers being built in Texas
This venture named ‘Stargate’ will symbolize the significant investment of technology companies in American data centers. All three companies have planned to provide financial support for this venture. Other investors will also be able to invest in it. It will start with 10 data centers being built in Texas.
US President announces Stargate for investment in AI
Trump announced this at a press conference at the White House on Tuesday along with Oracle Chief Technology Officer Larry Ellison, SoftBank Chief Executive Officer (CEO) Masayoshi Son and Open AI CEO Sam Altman.
11 Best TikTok Alternatives in the USA After the Ban
More than one lakh people will get jobs
The President said, “Write that name down in your books because I think you are going to hear a lot about it in the future. A new American company that will invest US $ 500 billion in AI infrastructure in the US and grow very fast and will immediately create more than 1,00,000 American jobs. ”
Stargate’s work will start soon in the world of AI
Trump said, “Stargate will start work immediately, so that physical and virtual infrastructure can be built to promote the next generation of advances in AI.”
Let us now know the answers to some important questions related to US President Donald Trump’s ambitious plan Stargate related to AI.
What is Stargate?
Stargate is a new company that aims to develop the infrastructure needed for advanced AI. This includes building data centers and power generation facilities, which are crucial to powering the rapidly evolving AI landscape. The initial investment in this will be $ 100 billion, which can be increased to $ 500 billion. The project is centered in Texas, where construction of the first 10 data centers has already begun.
Who are the people involved in the project?
The Stargate project will be operated in partnership with three giants. Their names are-
- Masayoshi Son, founder of SoftBank
- Sam Altman, CEO of OpenAI
- Larry Ellison, Chairman of Oracle
What did the giants say about Stargate?
During the announcement of the project, all three giants credited Trump for making Stargate possible. However, the project was started in 2024 during the Biden administration. OpenAI CEO Altman said, “This will be the most important project of this era.” Son called it the “beginning of the golden age.” Ellison said that data centers are already being prepared and 10 have been built so far. The Oracle chairman suggested that the project is also connected to digital health records and will possibly make it easier to treat diseases like cancer by developing a customized vaccine.
Why did AI need a $500 billion project?
AI development requires a lot of computing power. To meet this need, a lot of data centers and energy resources are needed. For example, OpenAI has relied on Microsoft’s infrastructure to develop systems like ChatGPT, but now it wants to build its own facilities to expand and optimize its capabilities.
America has geared up to remain a leader in the era of AI
Stargate is part of a project to keep America ahead in the global AI race. Especially its aim is to strengthen itself against China. The White House has talked about streamlining energy infrastructure to meet the growing demands of AI. So far Masayoshi Son has been the main face in the project to advance investment in American technology. He invested $ 100 billion in American projects in four years. This includes investments made in companies like WeWork. Apart from this, chipmakers like Microsoft and Nvidia have also been involved in this project. All of these together strengthen the technical capabilities of Stargate. Blackstone, a leading financial firm, estimated last year that the US will see an investment of $1 trillion in data centers in five years. Apart from this, $1 trillion will also be invested internationally. Stargate can handle a large part of this capital.
Trump’s close aide Musk’s name not in Stargate project
Donald Trump’s close aide Elon Musk, who handled DOGE under his administration, has been kept out of the AI project Stargate for now. Musk was one of the early investors in OpenAI. Musk had criticized adding a profit-making model to OpenAI. He later launched his own AI venture, xAI.
(Read the latest news of the country and the world first on TalkAaj (Talk Today News), follow us on Facebook, Twitter, Instagram and YouTube)
