Ray Wang, founder of Nakshatra Research, discuses the amount of foreign investment in AI and Quantum Computing on ‘Money Making Money’.
The US and the United Arab Emirates (UAE) are taking their artificial intelligence cooperation a step forward, with an announcement of an international stargate deployment.
Openi revealed on Thursday that President Donald Trump listed him and the $ 500 billion Stargate project to launch the “Stargate UAE” to launch the first foreign deployment of the AI Infrastructure platform.
It also marks the initial partnership under the company’s new global initiative “OpenAI for Country” to help creating sovereign AI capabilities in coordination with the US government.
“By setting the world’s first Stargate outside the US in UAE, we are turning a bold vision into reality,” Openai CEO Sam Altman In a statement to Fox News Digital.
Trump’s AI Caesar says it is ‘very important’ to partner with countries of Middle East.
He said, “This is the first major milestone of the initiative of countries for our openi – our attempt to work with colleagues and partners to create AI infrastructure worldwide,” he continued.
On Thursday, Openi announced a new investment in Stargate UAE, in collaboration with Trump White House. (Getty image)
Stargate UAE was announced a week after President Trump’s visit to the Middle Eastern country. This is also investment Part of 5GW Data and Engineering Center According to the White House in the UAE, “will focus on AI, Data Center and Industrial (Internet of Things)”.
The new partnership includes dual investment, Openi said in its press release, which includes 1GW Stargate UAE clusters in Abu Dhabi, expected to be live in 2026 and the US capital distribution for one dollar in the US Stargate project.
Openai CEO Sam Altman Sen provides initial remarks before the Committee of Ted Cruise.
Openai hopes that the UAE will invest $ 1.4 trillion in the US, eventually supporting employment generation, economic development and technical leadership.
“This is a step towards ensuring some of the most important successes of this era – seff drugs, personal learning and modern energy – can emerge from more places and benefit the world,” Altman said.
In January, President Trump introduced Large -scale Stargate Infrastructure Plan Further development of AI requires cooperation of G42, OraCle, Nvidia, CISCO and SoftBank to create data centers in the US, which promises to increase productivity by automating the work.
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Point Bridge Capital founder Hell Lambert argues that President Donald Trump is moving away from Europe to trade in the Middle East on ‘Money Making Money’.
During his four -day visit to the Middle East, Trump allegedly acquired more than $ 200 million in commercial deals between the US and the United Arab Emirates, the White House said.
As the President wrapped his visit, he told reporters that it was “honored to be here” and “four days are really amazing … but it shows you where a country can go.”
Fox News ‘Nicholas Lanam, Fox Business’ Michael Doorgan and Andrea Margolis contributed to the report.
