Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump

On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history." Stargate is a joint venture between top tech companies Oracle, SoftBank Group, and OpenAI. Oracle is best known for its enterprise database software and cloud computing services. SoftBank, based in Japan, is an investment holding company that mainly invest in tech companies. OpenAI is the creator of ChatGPT, the chatbot that caused a sensation when it launched in late 2022. It showcased the amazing capabilities of generative AI, sparking a rush among companies to acquire generative AI capabilities.Trump was joined at the conference by Larry Ellison, co-founder and executive chairman of Oracle; Masayoshi Son, SoftBank founder and CEO; and OpenAI co-founder and CEO Sam Altman.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool