President Donald Trump on Tuesday announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of artificial intelligence (AI) – in an early signal that his Administration would embrace the technology.
The plans, which predate the Trump Administration and involve no U.S. government funds, would result in the construction of large datacenters on U.S. soil containing thousands of advanced computer chips required to train new AI systems.
The plans, which predate the Trump Administration and involve no U.S. government funds, would result in the construction of large datacenters on U.S. soil containing thousands of advanced computer chips required to train new AI systems.
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00:00The Stargate investment is important for two reasons.
00:15First, it is an absolute validation that AI is important for companies and countries.
00:21And this is something we've been talking about, it is a very important agenda item.
00:26Second, it is all about accelerating innovation, so it's a really exciting moment.
00:32The U.S. has great leadership in AI today, and this looks like it's going to continue
00:37to accelerate that leadership.
00:39When you think about AI governance in the U.S., one of the very important things to
00:43remember is that really from the beginning, the U.S. has said we want to be innovation
00:49first with appropriate guardrails.
00:52And that's in contrast to other parts of the world where they start with the guardrails.
00:57I expect that that environment is going to continue because the ecosystem partners and
01:03the government and companies are all aligned.
01:05AI will not be successful if people don't trust it.
01:09So I'm not worried about the too deregulated because the interests of making sure AI is
01:15trusted are aligned across all groups.
01:19I think workers don't have a reason to fear, they do have a reason to be intentional about
01:26how they upskill.
01:29And that's very much tied to the fact that AI is going to be able to do tasks that humans
01:38do today, and it's going to be able to do things that humans can't do today.
01:43And so as an employee, I've got to figure out how do I leverage AI to be an even better
01:51creator of value in my company.