Part 2/7:
The President began by expressing gratitude for the impactful investment that this new project signifies. The commitment of $500 billion into AI infrastructure by a coalition consisting of technology giants such as Oracle, SoftBank, and OpenAI showcases an unprecedented level of confidence in the new administration's vision for economic growth. These leaders in the tech industry echoed the sentiment, voicing their excitement about the potential impacts on both business and society.
Key Players in Stargate
The Stargate initiative is spearheaded by three remarkable figures in the tech landscape:
Larry Ellison, Executive Chairman of Oracle
Masa Yoshison, CEO of SoftBank
Sam Altman, CEO of OpenAI