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There's Apparently a Huge Financial Problem With Trump's Massive AI Project

Victor Tangermann

created: Jan. 25, 2025, 5 p.m. | updated: March 19, 2025, 5:36 p.m.

<p>  President Donald Trump's behemoth $500 billion AI infrastructure project, dubbed Stargate, may be doomed from the start. According to the Financial Times' sources, the project will "exclusively serve" OpenAI, which has only committed an estimated $19 billion so far. Trump made the sweeping announcement earlier this week, revealing that the ChatGPT maker, investment company SoftBank, tech giant Oracle, and Abu Dhabi state-run AI fund MGX would spend $100 billion, with the eventual goal of reaching half a trillion dollars in a matter of just four years. But whether the entities will eventually benefit equally from the astronomical investment, which […]</p>

5 months, 2 weeks ago: Futurism