President Donald Trump on Tuesday announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of artificial intelligence (AI) – in an early signal that his Administration would embrace the technology.
The plans, which predate the Trump Administration and involve no U.S. government funds, would result in the construction of large datacenters on U.S. soil containing thousands of advanced computer chips required to train new AI systems.
