JAKARTA ؘ- United States (US) President Donald Trump recently announced the Stargate project, a joint venture of a number of private companies that is expected to have a major impact on Artificial Intelligence (AI) innovation.

In his official announcement (21/1), Trump was accompanied by a number of important figures. Some of them are Sam Altman (CEO of OpenAI), Larry Elisson (Chairman of Oracle), and Mayoshi Son (CEO of SoftBank). These three figures represent each company, which will act as principals in the joint venture.

Meanwhile, OpenAI in its official statement said that this joint venture will build a new infrastructure for AI development in the United States. The project will also involve a number of key US players in the technology sector such as Arm, Microsoft, and Nvidia.

So far it is not known how many investment commitments have been collected for this project. However, OpenAI said the initial funding for this project was ready to be disbursed. The investors involved in the initial funding, according to OpenAI, include Softbank, OpenAI, Oracle, and MGX from the United Arab Emirates.

‘We will start channeling US$100 billion in funding,’ wrote OpenAI.

In the first phase, the joint venture will build 10 data centres covering 4.6 hectares. This will be followed by expansion to 10 additional data centres in various US states. (KR/LM)