Trump’s $500 billion AI project has major risks; Elon Musk not part of Stargate

In one of his first moves as the 47th President of the United States, Donald Trump announced a new US$500 billion project called Stargate to accelerate the development of artificial intelligence (AI) in the US.

The project is a partnership between three large tech companies – OpenAI, SoftBank and Oracle. Trump called it “the largest AI infrastructure project by far in history” and said it would help keep “the future of technology” in the US.