Nor has Trump repealed Biden’s most recent AI executive order — a week-old action that seeks to remove hurdles for AI data center expansion in the U.S. while also encouraging those data centers to be powered with renewable energy.

Trump announced Tuesday that OpenAI, Softbank and Oracle would join forces to create Stargate, a new company investing $500 billion in AI infrastructure.

President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.

The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 billion. Masayoshi Son will be the chairman of the company.

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a

When Biden's AI Order was established, half a dozen US politicians applauded the measure alongside industry executives like Microsoft President Brad Smith, who called it a "critical step forward in the governance of AI technology" (In October, Microsoft founder Bill Gates quietly supported Kamala Harris for president with a $50 million donation).

Son has appeared with Trump twice since the November presidential election, last month pledging to invest $100 billion in the U.S. and this week partnering with OpenAI and Oracle on a $500 billion AI infrastructure venture called Stargate.

US President Joe Biden is commuting the sentences of nearly 2,500 people convicted of non-violent drug offences, three days before he leaves office. Biden said the offenders were "serving ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that SoftBank would invest $100 billion in the U.S. over the next four years in what would be a ...

The move is one of many executive actions focused on the federal workforce enacted since Trump took office Monday afternoon. His other actions addressed DEI hiring more broadly, froze hiring in most executive agencies and directed a return to in-person work for many federal employees, among other directives.