Trump plans to announce a $100 billion artificial intelligence initiative
President Trump is expected to announce a joint venture Tuesday between OpenAI, SoftBank and Oracle to create at least $100 billion in computing infrastructure to power artificial intelligence, according to two people familiar with the announcement.The venture, called Stargate, adds to significant investments by technology companies in U.S. data centers, huge buildings filled with servers that provide computing power. According to sources, the total could reach $500 billion in four years. The three companies intend to contribute funds to the venture, which will be open to other investors and will start with a first data center in Texas.The joint venture announcement is set to be an early trophy for Trump, even though the effort to set up the joint venture predates his taking office on Mond...










