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Elon Musk Pours Some Cold Water On $500 Billion AI Venture Touted By Donald Trump — Update


Donald Trump appeared with three prominent tech executives to unveil a private sector initiative to build AI infrastructure in the United States, with an outlay of up to $500 billion. The venture will be called Stargate, and it will include OpenAI, Oracle, and SoftBank. “I think it’s going to be something that’s very special,” Trump […]

WASHINGTON, DC - JANUARY 21: Donald Trump speaks in the Roosevelt Room of the White House while SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman.Photo by Andrew Harnik/Getty Images Donald Trump appeared with three prominent tech executives to unveil a private sector initiative to build AI infrastructure in the United States, with an outlay of up to $500 billion. Ellison told reporters that 10 data centers actually are already under construction in Texas, with each building a half million square feet. But there also is worry that AI will trigger massive job displacement, as was expressed when the Senate held a series of forums featuring experts, executives, union leaders and others, with the purpose of establishing guardrails around the new technology.

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