President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by SoftBank (SFTBF) CEO Masayoshi Son and Oracle founder Larry Ellison, the returning President told reporters the initiative will invest $500 billion—equivalent to almost 2 percent of the annual U.
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
Pres. Trump was joined by Larry Ellison, chairman of Oracle, Sam Altman, CEO of OpenAI, and Masayoshi Son, the CEO of Softbank at a White House news conference to announce the project, dubbed Stargate.
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.
President Donald Trump announced The Stargate Project, a private $500 billion artificial intelligence (AI) infrastructure project in the United States, as I reported on Wednesday. He heralded it as the "largest AI infrastructure project,
Nvidia’s market valuation surpassed Apple’s on Tuesday, making it the world’s most valuable publicly traded business once more. TakeAway Points: Nvidia’s market valuation overtook Apple’s, making it the world’s most valuable publicly traded business once more.
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the development of a cancer vaccine.
We're learning more about a massive artificial intelligence infrastructure bill announced Tuesday by President Donald Trump.
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.
At the launch of Stargate Project, Oracle's Ellison said that AI could assist in identifying the cancer fragments early through a simple blood test, followed by gene sequencing of the tumour
President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project,