Trump: OpenAI, SoftBank and Oracle will invest $500 billion in artificial intelligence

PANews, January 22: According to Reuters, U.S. President Donald Trump announced on Tuesday that three leading companies will make huge investments in artificial intelligence infrastructure. Trump said at the White House that OpenAI, SoftBank (9984.T) and Oracle (ORCL.N) will form a joint venture called "Stargate" and plan to invest US$500 billion. Trump said he would use an emergency executive order to help advance the project.