OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says

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OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says

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OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says

//stocks-investing.news-articles.net/content/202 .. k-oracle-to-invest-500-bln-in-ai-trump-says.html

Published in Stocks and Investing on Wednesday, January 22nd 2025 at 10:21 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.

2025-01-22 210 x 110 / 5848 Bytes

The article from Reuters discusses former U.S. President Donald Trump's comments on artificial intelligence (AI) during a campaign event in New Hampshire. Trump mentioned that OpenAI, SoftBank, and Oracle are planning to invest $500 billion in AI, although he did not provide specifics on the investment or its timeline. He highlighted the potential of AI to revolutionize various sectors, including healthcare, education, and transportation, while also expressing concerns about AI's potential misuse, particularly in the context of election interference. Trump's remarks come at a time when AI is increasingly becoming a focal point in both technological advancement and political discourse, with implications for future policy and regulation.

Read the Full Reuters Article at:
[ https://www.reuters.com/technology/artificial-intelligence/openai-softbank-oracle-invest-500-bln-ai-trump-says-2025-01-21/ ]