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Tag: Softbank

Trump announces largest artificial intelligence infrastructure project ‘in history’
Fox Business, National

Trump announces largest artificial intelligence infrastructure project ‘in history’

By Breck Dumas  | Fox Business President Donald Trump unveiled a massive artificial intelligence (AI) infrastructure project from the private sector on the first full day of his second term in office on Tuesday. During a speech at the White House, Trump announced that Softbank, OpenAI and Oracle have joined forces for a project called Stargate, to build data centers in the U.S. for powering AI.  The CEOs of all three tech firms – OpenAI's Sam Altman, Oracle's Larry Ellison, and Softbank's Masayoshi Son – joined Trump from the Roosevelt Room at the White House for the announcement. READ THE FULL STORY AT FOX BUSINESS
Trump, Softbank CEO announce $100B investment to create 100,000 American jobs
Fox Business, National

Trump, Softbank CEO announce $100B investment to create 100,000 American jobs

By  Greg Norman  | Fox Business President-elect Donald Trump and Softbank CEO Masayoshi Son announced Monday a $100 billion investment in America aimed at generating 100,000 new jobs. Trump, speaking at Mar-a-Lago after meeting Son there, called the investment "a monumental demonstration of confidence in America's future." "Masa runs one of the largest companies in Japan and among the most successful investment and technology companies anywhere in the world, one of the most successful investors in the world. And we've just concluded a very productive meeting," Trump said. "And today, I'm thrilled to announce that SoftBank will be investing $100 billion in America, creating 100,000 American jobs at a minimum. And he's doing this because he feels very optimistic about our country si...