President of the US participated in the inauguration of Pennsylvania’s energy and innovation summit, and much of his message was focused on beating China in the global race for artificial intelligence
The president of the United States, Donald Trumpannounced on Tuesday (15) agreements for the development of infrastructure and energy production in the amount of US $ 92 billion (about R $ 511 billion), aiming to meet the growing demand for artificial intelligence. Trump participated in the inauguration of Pennsylvania’s energy and innovation summit at Carnegie Mellon University, and much of his message was focused on beating China in the Global Race by AI.
“The commitments [acordos] today guarantee that the future will be created […] Right here at Pennsylvania and right here in Pittsburgh, and I have to say, right here in the United States, ”Trump said at the event. The technological world fully adopted the general AI as a revolution, but fears grow that its huge electricity needs cannot be met by the current infrastructure, particularly in the United States.
The Generative AI requires enormous computing capacity, especially for Nvidia processors, hungry for energy. The Californian company has become the most valuable in the world in terms of market capitalization. Official estimates indicate that by 2028 technology companies will need up to 5 Gigawatts of power to boost AI, enough to supply approximately five million homes. High executives at PALANTIR, Anthropic, Exxon and Chevron attended the event. Financing will cover new data centers, power generation, power grid infrastructure, AI training and learning programs.
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Against China
Among the advertised investments, Google compromised 25 billion to build AI -ready data centers on Pennsylvania and surrounding regions. “We support President Trump’s clear and urgent direction so that our nation invests in […] So that the United States can continue to lead in AI, ”said Ruth Poat, Google’s president and investment director.
The search engines giant has also announced a partnership with Brookfield Asset Management to modernize two Pennsylvania hydroelectric installations, which represent 670 MW of capacity in the regional network. The Blackstone Investor Group promised more than $ 25 billion (R $ 138.9 billion) to finance new data centers and energy infrastructure.
“We are very ahead of China and the plants are starting to work, the construction is starting,” Trump, in turn, expressed. The president launched the “Stargate” project in January, designed to invest up to $ 500 billion in the United States AI infrastructure, especially in response to growing competition with China. The Japanese investment bank Softbank, the ChatgPT creator, OpenAi, and Oracle are investing $ 100 billion (R $ 555.6 billion reais), in the early stages of this initiative.
*With information from AFP
Posted by Carolina Ferreira
Source: Jovempan
I have been working as a journalist for over 10 years. In that time, I have covered the news from all corners of the world, and written about everything from politics to business.I’m now a full-time author, and my work can be found at Global happenings. My aim is to bring you up-to-date news and views on global affairs, in a format that is easy to read and understand.
