Trump to Invest $500 Billion in the Largest AI Development Project

Former U.S. President Donald Trump has announced the launch of a new technology company, The Stargate Project, marking the largest AI initiative in history with an investment of $500 billion.

Stargate will focus on building infrastructure to support "the next generation of AI." A one-million-square-foot data processing center is already under construction in Texas.

The project involves major tech companies such as SoftBank, OpenAI, Oracle, MGX, NVIDIA, Microsoft, and Arm. According to a press release on OpenAI's website, The Stargate Project is expected to create hundreds of thousands of new jobs and generate "tremendous economic benefits globally." Furthermore, the United States aims to surpass China and emerge victorious in the new arms race.

Trump has already allocated $100 billion, with the remaining funds to be invested over the next four years.

Additionally, it was revealed today that Trump has pardoned Ross Ulbricht, the founder of the dark web marketplace Silk Road, who had been serving two life sentences plus 40 years.