Trump takes off the gloves on the AI race and goes ballistic with an asymmetric strategy, dropping $500 BILLION to create a new basis of competition on AI: “In a landmark announcement, U.S. President Donald Trump on Tuesday revealed a massive $500 billion investment in artificial intelligence (AI) infrastructure.
“The initiative, spearheaded by a newly formed partnership called Stargate—comprising OpenAI, Oracle, and SoftBank—aims to accelerate the development of advanced AI technologies and related infrastructure. Texas will serve as the central hub for this ambitious project, which is expected to bolster the U.S.’s position in the global AI race.”
Trump’s dual actions, a sweeping investment in AI and the rollback of federal oversight, underline his administration’s belief that deregulation is essential for fostering innovation. During the announcement, Trump framed Biden’s AI executive order as a barrier to progress, echoing the sentiments of tech industry leaders who argue that overregulation stifles growth and competitiveness.
One of Trump’s most prominent supporters, Elon Musk, has been vocal about the need for deregulation in the tech industry, describing the current regulatory process as “slow strangulation by overregulation.” Musk, a co-founder of OpenAI who later distanced himself from the organization, has repeatedly criticized what he perceives as excessive government interference. He argues that overregulation hampers innovation and undermines the U.S.’s competitive edge in key technological domains.
Biden had already dropped $billions for companies like Intel and TSMC which will fabricate microprocessors even as OpenAI and others pioneer new algorithms and models. Simply, America wants to extend the frontiers and WIN in all ways.
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I will be waiting to see how China will react since this race is between the US and China, with other countries voting “present”. Of course, Europe will impose fines via regulations and my lovely Africa will wait to buy.
Good People, this move has HUGE implications: America will suck the juice out of global capital as it becomes the absolute dominant home and destination of capital, and in the process reorder global economic architectures. Africa needs visionary political leaders, not tribal and religious representatives, as the economic distortion accelerates. Yes, if we do not, the Malthusian catastrophe comes, and we will see pockets of crisis hubs across African cities, as the new normal, over the next 50 years!
Trump Announces $500bn AI Investment, Rolls Back Key Safety Regulations Introduced By Biden
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