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Trump to launch joint AI research initiative with up to 500 billion USD budget

The Trump administration is set to invest 500 billion USD over his term on the Stargate AI project, in collaboration with OpenAI, SoftBank, and Oracle. Initial commitments target 100 billion USD in year one, emphasizing a strategic engagement with the tech sector.

With official investment details pending, questions arise regarding the balance of federal and corporate contributions. This initiative showcases an proactive approach to AI development amid uncertainties surrounding crypto policies.

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