On his inaugural day as president for his second term, Donald Trump convened Larry Ellison of Oracle, Sam Altman from OpenAI, and Masayoshi Son of Softbank in the Roosevelt Room at the White House to announce a $500 billion artificial intelligence initiative, modeled after a 1994 Roland Emmerich sci-fi movie about interdimensional gateways.
As an enthusiast, I’m excited to share the blueprint for our groundbreaking project, aptly named Stargate. Our vision is to establish energy-efficient campuses that cater specifically to the growing energy demands of advanced artificial intelligence technologies. These tools consume significantly more energy compared to a routine Google search.
The first phase of this ambitious endeavor will see the establishment of a data center campus right here in Abilene, Texas. SoftBank, OpenAI, Oracle, and MGX have stepped forward as our initial investors. Furthermore, Arm, Microsoft, NVIDIA, and OpenAI have been officially recognized as our technology partners for this project.
Trump emphasized in his speech that construction of these items is necessary. He pledged the creation of 100,000 jobs within the U.S., stating that this would require a substantial amount of electricity production. He further added that he intends to facilitate this energy generation at their respective plants with minimal hassle, allowing them to construct energy-generating AI facilities right on site, making it an impressive achievement.
Trump explained his perspective using terms he was comfortable with: “I come from the property development industry. These structures, they’re grand and magnificent. They’ll provide employment opportunities for many.
As a fervent admirer, let me share some intriguing insights. When Ellison, affectionately dubbed by Trump as the “CEO of everything,” possibly referring to his role in son David’s Skydance deal with Paramount Global, stepped up to the podium, he offered additional details. “The data centers we’re constructing,” he began, “and I’m excited to announce that the initial ones are underway in Texas.” Each building, he continued, spans a substantial half million square feet. Currently, there are 10 structures being erected, but this number is set to double, with expansion to additional locations beyond Abilene, our inaugural location.
Since the unveiling of ChatGPT by OpenAI in November 2022, artificial intelligence tools have proliferated extensively. Now, tech giants find themselves grappling with Wall Street’s growing interest in how these AI tools can be utilized by everyday consumers and eventually generate profits for these companies.
Domestically building infrastructure, particularly data centers, is crucial for the industry, and Silicon Valley leaders have been urging Donald Trump to expedite this process within the country. “We’re committed to making it as straightforward as possible,” said the President. “Instead of going to China, this investment will stay in the U.S.
Trump noted, “Artificial Intelligence is really trending. It appears to be a topic that many intelligent minds are focusing on intensely.
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2025-01-22 03:54