On his first full day back in the oval office, the newly installed 47th president of the United States, Donald J. Trump, turned his attention to a series of infrastructure related matters, starting with removal of retired Gen. Mark Milley from the National Infrastructure Advisory Council before moving on to more substantive concerns and opportunities. Unveiling a massive initiative, the President announced a private sector investment of up to $500 billion of artificial intelligence infrastructure – the joint venture called Stargate. OpenAI, SoftBank, and Oracle plan to commit $100 billion immediately, with up to $500 billion over the next four years. [Stargate is a data center project that would include an artificial intelligence supercomputer set to launch in 2028].
On the other hand, President Trump has voiced concerns regarding Chinese companies owning vital U.S. infrastructure in sectors such as energy, technology, and agriculture. He is likely to take steps to force Chinese owners to sell any holdings that are deemed to “jeopardize America’s national security.”
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