<p>President <a href="https://www.dailywire.com/topic/donald-trump" target="_blank" rel="noopener">Donald Trump</a> announced on Tuesday $500 billion of dollars in private sector investment to build artificial intelligence infrastructure in the United States so the country can dominate the future of the emerging technology.</p>
<p>Trump made the announcement at the White House alongside Softbank CEO Masayoshi Son, Open AI CEO Sam Altman, and Oracle Executive Chairman Larry Ellison.</p>
<p>“These world-leading technology giants are announcing the formation of Stargate,” Trump said. “So put that name down in your books, because I think you’re going to hear a lot about it in the future — a new American company that will invest $500 billion at least in AI infrastructure in the United States.”</p>
<p>&#8220;What we want to do is we want to keep it in this country,&#8221; the president said of leading AI talent and development. &#8220;China is a competitor, others are competitors. We want to be in this country, and we&#8217;re making it available. I&#8217;m gonna help a lot through emergency declarations, because we have an emergency, we have to get this stuff built.&#8221;</p>
<p>&#8220;They have to produce a lot of electricity,&#8221; he continued. &#8220;And we&#8217;ll make it possible for them to get this production done easily, at their own plants if they want.&#8221;</p>
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<p>The executives said that AI held enormous potential to transform the country and for every American.</p>
<p>Trump said that the initiative would create &#8220;over 100,000 American jobs almost immediately.&#8221;</p>
<p>Altman touted how AI likely will be able to not only develop treatments for a wide range of diseases, but cures as well.</p>
<p>&#8220;We will see diseases get cured at an unprecedented rate,&#8221; Altman said. &#8220;We will be amazed at how quickly we’re curing this cancer and that one — and heart disease.&#8221;</p>
<p>Ellison also mentioned the health benefits that will come from AI.</p>
<p>“Little fragments of those [cancer] tumors float around in your blood. So you can do early cancer detection. If you can do it using AI, you can do early cancer detection with a blood test and using AI to look at the blood test,” Ellison said. “Once we gene sequence that cancer tumor, you can then vaccinate the person — design a vaccine for every individual person that vaccinates them against that cancer. That mRNA vaccine, you can make that robotically, again using AI, in about 48 hours.”</p>
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Trump Announces $500 Billion ‘Stargate’ Project To Make U.S. Lead The World In AI Development

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Trump Announces $500 Billion ‘Stargate’ Project To Make U.S. Lead The World In AI Development