These corporate commitments, while often attributed to Trump's influence, align with the companies' existing plans and strategies. For instance, OpenAI and its partners plan to invest up to $500 billion in AI infrastructure, while SoftBank aims to invest $100 billion in AI-related projects. Meta, Microsoft, and others have also outlined significant investments in AI and data centers, contributing to job creation and technological advancement in the US. Despite the political context, these investments reflect the tech industry's ongoing focus on AI and infrastructure development.
Key takeaways:
- Apple Inc. announced a $500 billion investment in the US over the next four years, including hiring 20,000 new workers and producing AI servers domestically.
- OpenAI, SoftBank, and Oracle Corp. formed a joint venture called Stargate to invest up to $500 billion in AI infrastructure across the US, initially focusing on a $100 billion deployment.
- Meta Platforms Inc. plans to invest $65 billion in AI projects in 2025, including building a massive data center in Louisiana.
- SoftBank announced a $100 billion investment plan in the US, focusing on AI and related infrastructure, aiming to create 100,000 jobs.