VentureBeat January 23, 2025
President Donald Trump unveiled an ambitious plan to reshape America’s artificial intelligence landscape this week, coupling a massive $500 billion private-sector initiative with sweeping executive actions that strip away regulatory barriers — while simultaneously sparking controversy over both funding claims and environmental concerns.
The centerpiece of Trump’s AI strategy, dubbed “Project Stargate,” brings together an unlikely alliance of tech giants: Sam Altman’s OpenAI, Larry Ellison’s Oracle, and SoftBank under Masayoshi Son. The initiative aims to construct up to 20 massive AI data centers across the United States, with the first facility already under construction in Abilene, Texas.
“This is a resounding declaration of confidence in America’s potential,” Trump declared at the White House announcement. However, the bold initiative immediately faced...
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