Oracle、OpenAI、 SoftBank establishes joint venture Stargate, investing 500 billion magnesium to build

US President Donald Trump announced a US $500 billion AI investment plan yesterday. The companies participating in this program include Oracle (ORCL), ChatGPT development company OpenAI, and Japanese conglomerate SoftBank.

500 billion US dollars AI investment plan

According to the announcement released by OpenAI, Stargate It is a newly established joint venture company that plans to invest $500 billion over the next four years to build the AI infrastructure needed for OpenAI in the United States. Among them, SoftBank will be responsible for finance, OpenAI will be responsible for operations, and SoftBank's Masayoshi Son will serve as the chairman of Stargate. Other technology partners include: Arm、 Microsoft, NVIDIA, Oracle, and OpenAI.

OpenAI wrote in its announcement:

We will immediately invest $100 billion to launch this plan. This infrastructure will ensure America's leadership in the AI field, create hundreds of thousands of American jobs, and bring enormous benefits to the global economy. The plan will not only support America's re industrialization, but also provide strategic security capabilities for the United States and its allies

Revoke AI security regulations from the Biden era

Trump signed a series of executive orders when he took office on Monday, including the revocation of an AI security executive order during the Biden administration. The command once required large language models (LLMs) to submit security test results to the US government and instructed federal agencies to evaluate the potential risks posed by AI.