Colossal! $500 billion for the Stargate project
- Arnaud Guedj
- Mar 24
- 1 min read
I even had trouble writing this number!
Trump doesn't mince his words (but then again, we knew he wasn't exactly a stickler for details). His administration has therefore decided on a monumental investment of $500 billion to get AI off the ground in the United States.
Yes, it bears repeating!
OpenAI, Oracle, and SoftBank are joining forces to create a joint venture that could shake up the tech world (and the stock market—Oracle rose 7 points following the announcement).
The few juicy points:
- $100 billion upfront to get things going. No fuss.
- Massive data centers to be built in Texas. There's talk of buildings that could even house the next generation of robots.
- More than 100,000 jobs at stake.
Well, what about Europe in the meantime?
Well, we're thinking, my good sir (or my good lady), but it's high time for our leaders to take the (Texas) bull by the horns. Without a quick response, our old continent risks being left behind in this mad race for innovation.
