In a significant announcement, President Donald Trump revealed that major tech firms such as NVIDIA and SoftBank are investing billions into U.S. manufacturing, particularly focusing on artificial intelligence and emerging technologies. NVIDIA plans to invest up to $500 billion in the production of AI-enabling computing chips, with CEO Jensen Huang highlighting this as a pivotal moment for reinvention in computing. Furthermore, SoftBank's chairman, Masayoshi Son, announced a $700 billion investment over the next four years to bolster the American AI infrastructure, reinforcing the U.S. as a central player in the future of AI innovation.
President Donald Trump announced that multiple large tech companies have committed billions of dollars to U.S. manufacturing of artificial intelligence and emerging technologies.
NVIDIA CEO, Jensen Huang, stated that their new computing chips would drive a whole new industry called artificial intelligence, marking a major reinvention in computing.
SoftBank's Masayoshi Son emphasized that their expansion of AI infrastructure in the U.S. will significantly impact every industry and mankind's lifestyle.
Several companies have pledged substantial financial commitments towards the development of AI infrastructure, showcasing the U.S. as a continuing leader in AI innovation.
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