Trump Set to Approve $500 Billion Deal to Build Huge AI Datacenters

Quick Summary:

Per CBS, the project is a joint venture between ChatGPT creator OpenAI, the Japanese investment group SoftBank, and the software behemoth Oracle, and will see the building of new datacenters — in short, massive, wildly energy-intensive computing facilities — in the US.

Private Playground Returning president Donald Trump is preparing to approve a $500 billion investment into private sector-developed AI infrastructure, according to reporting from CBS.

The first of these facilities, according to the report, will be built somewhere in Texas.

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Article Details

Author / Journalist: Maggie Harrison Dupré

Category: Technology

Markets: United StatesJapan

Topics: The digest Ai Datacenters Trump Artificial Intelligence

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 23:05:10 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 396 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Futurism

News ID: 25330501

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Official Website: futurism.com

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