From President Donald Trump’s stunning November victory to his second day in the White House, the new administration has attracted hundreds of billions of dollars in private investment. Rather than beg corporations to invest in the United States through government subsidies, the newly inaugurated president is relying on America’s appeal to bolster growth, create new jobs, and lead the world in future technology.
Donald Trump Delivers Huge Investment
On Jan. 21, President Trump unveiled a joint venture that will see up to $500 billion invested in artificial intelligence (AI) infrastructure over the next four years. OpenAI, Oracle, and SoftBank will invest in a new project named Stargate. According to Trump, this is the “largest AI infrastructure project by far in history.”
At a White House press conference, the executives confirmed they…
