The three CEOs of technology companies who collaborated on President Donald Trump's multibillion-dollar artificial intelligence infrastructure project defended it as an investment that will “impact all of humanity.”
“This is a very large investment that will impact all of humanity,” Oracle founder Larry Ellison told Fox News chief political anchor Bret Baier on Tuesday's “Special Report.”
president trump On Tuesday, his first full day in office, he announced a massive private-sector AI infrastructure project.
In a speech at the White House, President Trump announced that SoftBank, OpenAI, and Oracle have collaborated on a project called Stargate to build data centers in the United States. Power your AI.
Ellison emphasized that the Stargate investment could “revolutionize” healthcare and other industries.
“This is truly a revolution in medicine, but it's a revolution in many other industries as well. Medicine truly affects all of us,” he said. “Yes, it requires a huge investment, but the result of that investment is vaccines and personalized medicine that prevent cancer.” We'll get early warning so we don't run into problems like COVID-19 again like we did before. We don't have to wait until the coronavirus spreads and becomes very difficult to control; we know when it will start and when a small number of cases will occur. ”
The initial investment in the project is $100 billion, with plans to expand to $500 billion over the next four years. The first data center built under this initiative will be located in Texas, with plans to eventually expand to other states.
A look back at President Trump's first full day in the White House
“This means we can develop AI and AGI in the United States. It was not obvious that this was possible,” said OpenAI CEO Sam Altman. “If we had a different president, I don't think that would have been possible. But we're excited to be able to do this. I think it's going to be great for Americans and for the whole world.”
Altman acknowledged that AI pioneers need to develop their technology “responsibly” and “carefully.”
“I think people are really talented, and I think people will collectively do incredible things with this technology.The scale of this investment is obviously huge. , I think that at least speaks to all the progress, “I believe it's correspondingly huge, but I very much believe we'll solve it,'' he said. .
Ahead of his second term, Trump has been working to attract private business investment in the United States. Last month, Son also made the announcement along with President Trump. Softbank's plan A $100 billion investment in America to create 100,000 new jobs.
Masayoshi Son, CEO of SoftBank, said, “To invest in this project for the betterment of humanity in the future, we need big funds. We can't do it with a small amount of money. We have to make a big investment for the benefit of humanity.'' “We must do so,” he said, touting Trump's policies. He vows to bring about a golden age for America.
A White House official told FOX Business that President Trump secured $1 trillion in private investment for the United States in a variety of projects after the election.
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FOX Business' Breck Dumas contributed to this report.
