President Trump addressed the press from the White House, revealing his expected "massive announcement" on infrastructure as a multi-billion-dollar artificial intelligence investment in the United States.
The president shared that OpenAI, Softbank, and Oracle will come together to create "a new American company" called Stargate, investing $500 billion in AI infrastructure. Trump said Stargate will create over 100,000 jobs "almost immediately" and the companies will begin with $100 billion in investments.
Trump said Stargate will be “building the physical and virtual infrastructure to power the next generation of AI."
MORE: https://bakersfieldnow.com/news/nation-world/president-trump-to-make-massive-infrastructure-announcement-on-first-full-day-in-office-economy-politics-inauguration-executive-orders-prayer-service-congress-meeting#
-----------------------------------------
Stay up to date with our social media:
BakersfieldNow on Facebook: https://www.facebook.com/bakersfieldnow
BakersfieldNow on Twitter: https://twitter.com/bakersfieldnow
BakersfieldNow on Instagram: https://www.instagram.com/bakersfieldnow
Subscribe to BakersfieldNow on YouTube: / @bakersfieldnow
For more information, visit https://bakersfieldnow.com/
Have a news tip?
Send it directly to us:
Email us: [email protected]
Call our Tipline: 661-869-2929
KBAK and KBFX are CA based stations and a CBS and FOX Television affiliates owned and operated by Sinclair Broadcast Group. Sinclair Broadcast Group, Inc. is one of the largest and most diversified television broadcasting companies in the country today.
#bakersfield #News #KBAK #KBFX #BakersfieldNow#kerncounty #California