US President Donald Trump revealed that the private sector has invested up to $ 500 billion to finance artificial intelligence infrastructure.
OpenAI, SoftBank, and Oracle are planning a Texas-based joint venture called Stargate, pledging to invest $100 billion initially and then up to $500 billion over the next four years. Investment in AI has risen since OpenAI launched ChatGPT in 2022, as companies across industries seek to integrate the technology into their products and services.
Source (Al-Arabiya.net Website, Edited)