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Robert D. Atkinson President at Information Technology and Innovation Foundation | Official website

Stargate commits $500 billion for US AI infrastructure under new administration

In a recent development, Stargate, a new American company, has announced a commitment of $500 billion towards artificial intelligence infrastructure in the United States. This announcement was made following President Trump's endorsement of the initiative. The Information Technology and Innovation Foundation (ITIF), a prominent think tank focused on science and technology policy, has issued a statement regarding this move.

Daniel Castro, Vice President of ITIF, commented on the announcement: "The Stargate announcement highlights a shared commitment between the Trump administration and tech leaders to secure America’s future in AI. By committing up to $500 billion to build state-of-the-art AI infrastructure, these companies are demonstrating their confidence in the U.S. as a hub for innovation."

Castro emphasized that this partnership reflects mutual objectives: "This partnership reflects a shared goal: creating the foundation for the U.S. to thrive in the AI economy." He also noted that while achieving global leadership in AI is not immediate, early initiatives by the current administration signal readiness within the U.S. tech industry to advance.

The importance of maintaining U.S. leadership in AI was underscored by Castro referencing an ITIF report which indicates that China is rapidly advancing its capabilities in artificial intelligence. "Securing U.S. leadership in AI is critical as a recent ITIF report found that it is only a matter of time before China matches or surpasses the United States’ capabilities in AI," Castro stated.

Despite efforts by the United States to limit China's access to advanced technology through export controls, China continues to progress due to strategic investments and an innovative ecosystem.

For further information or inquiries, Nicole Hinojosa can be contacted at [email protected].