Trump Announces Private-Sector $500 Billion Investment in AI Infrastructure

January 22, 2025, 11.09 AM
Source: ReutersEditor: Yudho Winarto

DONALD TRUMP - U.S. President Donald Trump on Tuesday announced a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business-critical technology.

Trump said that ChatGPT's creator OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs in the United States.

Read Also: GLOBAL MARKETS-Dollar Steady and Stocks Climb with All Eyes on Trump 2.0

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Latest News