Add news
News Every Day |

AI executives praise Trump's Stargate project: 'This is a very large investment that affects all of humanity'

The three tech CEOs who have joined forces in President Donald Trump's multi-billion dollar artificial intelligence infrastructure project defended the venture as an investment that "impacts all of humanity."

"This is a very large investment that affects all of humanity," Oracle founder Larry Ellison told Fox News chief political anchor Bret Baier on "Special Report" on Tuesday.

President Trump unveiled a massive AI infrastructure project from the private sector on the first full day of his second term in office on Tuesday.

TRUMP ANNOUNCES LARGEST AI INFRASTRUCTURE PROJECT ‘IN HISTORY' INVOLVING SOFTBANK, OPENAI AND ORACLE

During a speech at the White House, Trump announced that Softbank, OpenAI and Oracle have joined forces for a project called Stargate to build data centers in the U.S. for powering AI. 

Ellison emphasized the Stargate investment could bring a "revolution" in healthcare and other industries. 

"It's really a revolution in medicine. But it's a revolution in many other industries as well. Medicine just touches us all," he said. "Yes, it takes a huge investment, but the result of the investment will be vaccines that prevent cancers, personalized medicine where we never again run into a problem like COVID-19 before because we get an early warning. We know when COVID starts, when there are a handful of patients, rather than having to wait until it's become an epidemic and very difficult to control."

The initial investment for the project will be $100 billion, with plans to expand to $500 billion over the next four years. The first data center built under the initiative will be in Texas, and it will eventually expand to other states. 

A LOOK AT PRESIDENT TRUMP'S FIRST FULL DAY IN THE WHITE HOUSE

"This means we can create A.I. and A.G.I. in the United States of America. {it] wouldn't have been obvious that this was possible," OpenAI CEO Sam Altman said. "I think with a different president it might not have been possible. But we are thrilled to get to do this, and I think it'll be great for Americans, great for the whole world."

Altman conceded A.I. pioneers need to be "responsible" and develop the technology "carefully." 

"I think people are really good, and people will do, on balance, incredible things with this technology. The scale of this investment obviously is huge. And what I think that says about the likely progress of the technology, at least what all of us believe, is correspondingly huge. But I have enormous faith will figure it out," he said. 

Trump was working to drum up private business investments in the U.S. prior to his second term. Last month, Son joined Trump in announcing Softbank's plans for a $100 billion investment in America aimed at generating 100,000 new jobs.

"For the better humanity of our future, we need big capital to invest into the project. We cannot do it with a small money. We have to do the big investment for the good of humanity," SoftBank CEO Masayoshi Son said, touting Trump's vow to usher in a golden age in America.

A White House official told FOX Business that post-election, Trump has now secured $1 trillion in private investment for the U.S. in various projects.

CLICK HERE TO GET THE FOX NEWS APP

FOX Business' Breck Dumas contributed to this report.

Москва

В Подмосковье массовая авария заблокировала движение на Кудиновском шоссе

Реклама
The most beautiful beach towns with cheap living

A huge number of people around the world dream of one day breaking out of the daily routine

JD Vance nearly fumbles Ohio State's national championship trophy during White House visit

‘Making a difference together’: Dift helps partners including Accor and BNP Paribas combine social impact with emotional marketing

Phillips 66 and activist investor Elliott face off on a classic conglomerate quandary: Are the pieces of a huge company worth more together or broken up?

White House proposes drastic cuts to State Department and funding for UN, NATO and other groups

Ria.city
Реклама
  • ИП Попов А.П.
  • ИНН: 602715631406
Ревматолог: "15 апреля 2024 в г.Вашингтон запущена квота"

Каждый человек с больными суставами имеет право получить...






Реклама
  • ИП Попов А.П.
  • ИНН: 602715631406
Ревматолог: "15 апреля 2024 в г.Вашингтон запущена квота"

Каждый человек с больными суставами имеет право получить...


Реклама
  • ИП Попов А.П.
  • ИНН: 602715631406
Ревматолог: "15 апреля 2024 в г.Вашингтон запущена квота"

Каждый человек с больными суставами имеет право получить...

Read also

When the Fight for Democracy Is Personal

House Republican campaign arm touts 'unstoppable momentum' with record fundraising haul

How to watch Dortmund vs. Barcelona: Free Champions League quarterfinal live streams

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Phillips 66 and activist investor Elliott face off on a classic conglomerate quandary: Are the pieces of a huge company worth more together or broken up?

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

‘Making a difference together’: Dift helps partners including Accor and BNP Paribas combine social impact with emotional marketing



Sports today


Новости тенниса
Вероника Кудерметова

Кудерметова разгромила Эррани и вышла в основную сетку турнира в Штутгарте



Спорт в России и мире
Москва

Не для обычных работяг: смогут ли агро- и гастротуризм заменить отдых у моря в Анапе



All sports news today





Sports in Russia today

Москва

"Спартак" обыграл "Урал" в полуфинале Пути регионов Кубка России


Новости России

Game News

Гайд по уровню интима в Girl Wars


Реклама
The most beautiful beach towns with cheap living

A huge number of people around the world dream of one day breaking out of the daily routine

Реклама
The most beautiful beach towns with cheap living

A huge number of people around the world dream of one day breaking out of the daily routine

Реклама
The most beautiful beach towns with cheap living

A huge number of people around the world dream of one day breaking out of the daily routine

Russian.city

Реклама
Top 6 nutrition questions men should ask themselves after 40

To maintain health and remain full of energy, men will be helped by this


Москва

Журналисты Reuters, AP и Sota Vision* подверглись критике за взаимодействие с ФБК**.


Губернаторы России
Актриса

Актриса Наталья Суркова рассказала о своей роли в мелодраме «Почтарь»


"Спартак" обыграл "Урал" в полуфинале Пути регионов Кубка России

По следам выступления Игоря Игнатьева в авторской радиопрограмме Татьяны Межановой на "Маяке"...

Таланты в сердце Чечни: впервые в Грозном пройдет отборочный тур благотворительного детского фестиваля «Добрая волна»

Июнь уже распланирован: большинство россиян уже решили, где они будут отдыхать в первый месяц лета


Фанаты Цоя ответили на порчу его стены на Арбате поклонниками Техника

Купить Песню. Песни на продажу. Продажа песен.

Владимир Спиваков представит в Зале Чайковского Реквием Алемдара Караманова

Художник Яковлев о граффити на Арбате: Цой - жив, а Паша Техник - мертв


Кудерметова разгромила Эррани и вышла в основную сетку турнира в Штутгарте

Даниил Медведев на девятом месте ATP, Рублёв остаётся лучшим из русских

Даниил Медведев возвращается в топ-10 рейтинга ATP, поднявшись на 9-е место

Анастасия Захарова выиграла турнир категории WTA-100 в Сарагосе


Реклама
Top 6 nutrition questions men should ask themselves after 40

To maintain health and remain full of energy, men will be helped by this


Таланты в сердце Чечни: впервые в Грозном пройдет отборочный тур благотворительного детского фестиваля «Добрая волна»

Одиннадцатый этап культурно-образовательного кластера «Город мастеров» успешно завершился в Псковской области

Таланты в сердце Чечни: впервые в Грозном пройдет отборочный тур благотворительного детского фестиваля «Добрая волна»

89-летнюю годовщину со дня образования президентского полка отпраздновали в Воронеже


Правительство и ЦБ нашли решение по долгам ГК «Сегежа», заявил Алиханов

Таланты в сердце Чечни: впервые в Грозном пройдет отборочный тур благотворительного детского фестиваля «Добрая волна»

"Спартак" обыграл "Урал" в полуфинале Пути регионов Кубка России

На стене Цоя на Арбате появилось посвящение Паше Технику


Политолог Межевич: Финляндия сталкивается с крупнейшими социально-экономическими вызовами в истории

"Спартак" обыграл "Салават Юлаев" и повел в серии второго раунда плей-офф КХЛ

Падение самолёта на энергоблок АЭС отработали спасатели на учениях на Нововоронежской АЭС

«Хочу идти с ней всю жизнь»: Смагажевский искупил вину перед Ермолаевой после того, как бросил ее по Интернету


Реклама
Top 6 nutrition questions men should ask themselves after 40

To maintain health and remain full of energy, men will be helped by this


Путин в России и мире
Реклама
Top 6 nutrition questions men should ask themselves after 40

To maintain health and remain full of energy, men will be helped by this



Реклама
The most beautiful beach towns with cheap living

A huge number of people around the world dream of one day breaking out of the daily routine



Реклама
Top 6 nutrition questions men should ask themselves after 40

To maintain health and remain full of energy, men will be helped by this



Реклама
Top 6 nutrition questions men should ask themselves after 40

To maintain health and remain full of energy, men will be helped by this

Персональные новости Russian.city
Дмитрий Шостакович

Гастроли Большого театра России пройдут в Самаре на сцене Шостакович Опера Балет



News Every Day

Phillips 66 and activist investor Elliott face off on a classic conglomerate quandary: Are the pieces of a huge company worth more together or broken up?




Friends of Today24

Музыкальные новости

Персональные новости