Oracle CEO Larry Ellison said at a White House event that an artificial intelligence (AI) project announced by President Donald Trump could be used for a range of applications, including developing what he called an “mRNA vaccine” for cancer.
On Tuesday evening, Trump held a news conference alongside Ellison, SoftBank CEO Masayoshi Son, and OpenAI CEO Sam Altman to announce a $500 billion investment into the expansion of AI inside the United States. The project would also involve other top tech companies including Microsoft, NVIDIA, and others.
“A new American company that will invest $500 billion, at least, in AI infrastructure in the United States, creating over 100,000 American jobs almost immediately,” Trump said in remarks at the White House. “This monumental undertaking is a resounding declaration of confidence in America’s potential under a new president.”…