Following the inauguration of new US President Donald Trump, technology giants such as Softbank, OpenAI, Nvidia, and Oracle have joined forces in a joint venture to massively advance the development of artificial intelligence in the United States. Together, the companies plan to invest $500 billion in AI development over the next four years.
Under the name “Project Stargate,” the initiative aims to achieve a breakthrough in creating artificial general intelligence (also known as “strong AI”). At the same time, the initiative seeks to strengthen the US economy by creating jobs domestically and maintain its dominant role as an economic power. In particular, China, which has grown stronger in international competition, is to be put in its place.
Training AI models and operating AI applications requires enormous computing power. Therefore, massive AI data centers are to be built in the US—according to Oracle founder Ellison, the first ones are already under construction in Texas. Trump has pledged to support Project Stargate partner companies in securing the power and energy supply for the data centers. This is significant, as the energy supply required for data center expansion now represents a bottleneck in many countries. Particularly in Germany, power availability for data centers is increasingly becoming a problem.