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Nvidia stock jumped more than 4% Wednesday to help lead the tech sector and some chip stocks higher following Trump’s announcement of a massive, $500 billion AI infrastructure project.The ...
In a splashy announcement on his second day in office, President Trump told Americans that a new $500 billion project — backed by SoftBank , Oracle , and OpenAI — would generate “ over ...
Stargate Project, incorporated in Delaware as Stargate LLC, [1] is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX. [2] The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029.
Trump has extolled the project as an important investment, but Elon Musk is throwing shade on it. ... Other technology partners include British chipmaker Arm, US chipmaker Nvidia and Microsoft ...
President Trump last week announced the Stargate Project, which aims to maintain American leadership in artificial intelligence with up to $500 billion in private-sector investments in U.S ...
Donald Trump has announced a $500 billion "Stargate Project." Backed by major tech companies, it aims to boost AI infrastructure in the U.S. Donald Trump has announced a new $500 billion "Stargate ...
WASHINGTON (Reuters) -U.S. President Donald Trump and the CEO of Nvidia Jensen Huang discussed DeepSeek - the Chinese company whose AI model's performance rocked the tech world - and tightening AI ...
The project will invest $500 billion over four years into AI infrastructure for OpenAI in the United States, which Trump said will build data centers and create more than 100,000 U.S. jobs.