The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.
The White House unveiled sweeping new limits on the sale of advanced AI chips by Nvidia Corp. and its peers, leaving the Trump administration to decide how and whether to implement curbs that have encountered fierce industry opposition.
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project.
The White House on Monday announced new restrictions on artificial-intelligence exports that will impact companies including Nvidia.
The new president needs the tech industry more than it needs him.
The Stargate Project announced at the White House plans to invest $500 billion; Elon Musk has already blasted the plan
The White House on Monday declared new limitations on the export of artificial intelligence chips. This move is set to impact major tech companies, including Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD).
Broadcom, under CEO Hock Tan, now finds itself at the epicentre of one of the world’s fastest-growing markets — AI chips
Nvidia stock fell Monday after the Biden administration released new rules aimed at controlling the flow of artificial intelligence to China.
Nvidia details hardware affected by new AI diffusion rule in the U.S., emphasizing national security and economic strength in the AI industry.
NVIDIA Inc., the artificial intelligence powerhouse led by CEO Jensen Huang, is pushing back against new semiconductor export regulations imposed by President Joe Biden's administration.
Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project.