President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.
The ChatGPT maker argues the incoming Trump administration should make massive government investments in AI, arguing it can bring broad economic prosperity.
The executive order directs the Department of Defense and the Department of Energy to lease federal sites to companies building AI infrastructure.
OpenAI has published a 'blueprint' for AI economic development and regulation in the U.S. that it argues would ensure the U.S.' technological dominance.
Here are the top takeaways from Trump’s press conference. One of Trump’s first executive actions as the 47th president of the nation was to grant pardons and commutations to all of the defendants convicted over the Jan. 6 Capitol riot, sparking criticism from Democrats who denounced the move.
Wednesday's Forbes Daily covers a historic winter storm in the South, how much Trump really gained from crypto, a struggling real estate mogul and more.
About 20,000 Trump supporters have gathered at Capital One Arena in Washington Monday afternoon, where Trump and Vice President JD Vance are expected to address the crowd later in the day. Trump is also expected to sign several executive actions at the area during his on-stage appearance.
OpenAI spent $1.76 million on government lobbying in 2024 and $510,000 in the last three months of the year alone, according to a new disclosure filed on January 22—a significant jump from 2023, when the company spent just $260,000 on Capitol Hill.
President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.