Trump announces OpenAI, SoftBank and Oracle will invest billions in AI venture “Stargate”

From Global News.

U.S. President Donald Trump kicked off his second term in the White House by announcing a multibillion-dollar venture aimed at pushing artificial intelligence (AI) forward.

Trump announced late Tuesday that OpenAI, SoftBank and Oracle are joining forces on a new project dubbed “Stargate” — and they plan to invest a combined $500 billion in the venture.

Nathaniel Dove takes a closer look at the announcement, what it could mean — and why experts are urging caution.

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