Donald Trump Announces $500 Billion AI Development Initiative
The US President plans extensive data center construction across the country to support the advancement of artificial intelligence.
Donald Trump, President of the United States, has announced a comprehensive $500 billion initiative aimed at advancing artificial intelligence (AI) through extensive infrastructure development.
In a statement from the White House, President Trump detailed plans to construct vast data centers throughout the United States.
This initiative marks one of the largest infrastructure investments in U.S. history, with the goal of significantly bolstering the nation's AI capabilities.
The development is anticipated to create thousands of jobs for American citizens over the next four years.
On his first day in office, President Trump also took steps to reverse a mandate established by former President Joe Biden, which was intended to secure ethical and safe AI development.
The plans detailed by Trump include an initial data center in Texas, setting the stage for further nationwide development.
Accompanied by leading figures in the technology industry, President Trump highlighted the involvement of key stakeholders such as Sam Altman, CEO of OpenAI; Larry Ellison, CEO of Oracle; and Masayoshi Son, CEO of SoftBank.
Their presence underscores the significance of AI to the future of technological innovation.
In addition to domestic policy adjustments, President Trump announced intentions to impose a 10 percent tariff on all products imported from China, effective February 1st.
Moreover, Trump disclosed plans to introduce a 25 percent tariff on goods from Canada and Mexico, citing these measures as responses to issues surrounding illegal border crossings.
Trump expressed his intention to use tariffs as a strategic tool in negotiations with various countries, aiming to achieve favorable trade outcomes for the United States.
In a statement from the White House, President Trump detailed plans to construct vast data centers throughout the United States.
This initiative marks one of the largest infrastructure investments in U.S. history, with the goal of significantly bolstering the nation's AI capabilities.
The development is anticipated to create thousands of jobs for American citizens over the next four years.
On his first day in office, President Trump also took steps to reverse a mandate established by former President Joe Biden, which was intended to secure ethical and safe AI development.
The plans detailed by Trump include an initial data center in Texas, setting the stage for further nationwide development.
Accompanied by leading figures in the technology industry, President Trump highlighted the involvement of key stakeholders such as Sam Altman, CEO of OpenAI; Larry Ellison, CEO of Oracle; and Masayoshi Son, CEO of SoftBank.
Their presence underscores the significance of AI to the future of technological innovation.
In addition to domestic policy adjustments, President Trump announced intentions to impose a 10 percent tariff on all products imported from China, effective February 1st.
Moreover, Trump disclosed plans to introduce a 25 percent tariff on goods from Canada and Mexico, citing these measures as responses to issues surrounding illegal border crossings.
Trump expressed his intention to use tariffs as a strategic tool in negotiations with various countries, aiming to achieve favorable trade outcomes for the United States.
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