Trump Wants to Build Artificial Intelligence Fast: Arm CEO Full Interview
January 23, 2025
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9:18Now PlayingTrump Wants to Build Artificial Intelligence Fast: Arm CEO Full Interview
YouTube Description
as posted by the channelSoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
Initial equity will come from SoftBank, OpenAI, Oracle and Abu Dhabi state investor MGX, with a buildout of the first computing system starting in Texas, SoftBank said. While SoftBank and OpenAI are the lead partners in the venture, SoftBank will be in charge of financing and OpenAI will oversee operations, it said. Arm Holdings Plc, Microsoft Corp. and Nvidia Corp. will provide technology, along with Oracle and OpenAI, it said.
Arm CEO Rene Haas speaks with Bloomberg Caroline Hyde.
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