When President Donald Trump announced a half-trillion-dollar of private-sector investment in American artificial-intelligence (AI) infrastructure on January 21st, his second day in office, he basked in the accolades of the three men backing the “Stargate” project: OpenAI’s Sam Altman, Masayoshi Son, a Japanese tech mogul, and Larry Ellison of Oracle, an IT firm. He called it the largest AI investment in history. Then came the kicker. “This is money that normally would have gone to China.”
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