President Donald Trump gave details of a joint venture in which he will invest up to $500 billion in infrastructure linked to artificial intelligence through a new partnership formed by OpenAI, Oracle and SoftBank. teleSUR
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NewsTranscript
00:00President of the United States Donald Trump approved on Tuesday the investment of at least
00:04500 billion dollars for a project in artificial intelligence called Stargate.
00:09So far it is the most expensive project in the history of humanity.
00:14Stargate is a project that consists of the creation of a mega artificial intelligence
00:19computer which will have thousands of data centers stored globally.
00:24The project which aims to position the United States as a world leader in artificial intelligence
00:29will be built in the state of Texas and will be led by companies such as Microsoft, NVIDIA
00:36and OpenA.
00:37In this sense the U.S. President assured that this investment will generate close to a hundred
00:42thousand jobs and will have, according to Trump, economic benefits for humanity.
00:49Together these world leading technology giants are announcing the formation of Stargate.
00:58So put that name down in your books because I think you're going to hear a lot about it
01:02in the future.
01:03A new American company that will invest 500 billion dollars at least in AI infrastructure
01:10in the United States and very quickly, moving very rapidly, creating over 100,000 American
01:16jobs almost immediately.
01:19This monumental undertaking is a resounding declaration of confidence in America's potential
01:25under a new president.
01:28Let me be...
01:29A new president, I didn't say it, they did.