Trump found a letter from Biden in the Oval Office's Resolute desk after a Fox News journalist reminded him to look for it.
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.
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later. For a Japan Inc anxious about how to navigate the second term of President Donald Trump - and the threat of steep tariffs or other punitive measures - that approach may not be so easy to replicate.
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).
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.
US President Donald Trump has started his second term with a bang - a private sector artificial intelligence investment of at least US$100 billion announced by the White House on Tuesday. "This monumental undertaking is a resounding declaration of confidence in America's potential under a new president,
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
Donald Trump targeted opponents and touted a huge AI project Tuesday in a shock-and-awe start to his second presidency -- but faced defiance including a rare public dressing down from
"I think I should let people see it because was a positive for him in writing it," Trump said of Biden's letter to him.
It’s about the period this former president & CFO of SoftBank Group International spent working at one of the most influential technology investors in the world. Sama recalls what it was like ...
President Donald Trump on his first full day in office Tuesday defended his decision to grant clemency to people convicted of assaulting police officers during the 2021 attack on the Capitol and suggested there could be a place in U.