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Trump Announces $500 Bln AI Initiative, Hints at Russia Sanctions

 

US President Donald Trump unveiled plans for a $500 billion artificial intelligence initiative named “Stargate,” in collaboration with OpenAI, SoftBank, and Oracle. Announced at a White House press conference with top tech leaders, the project aims to create 100,000 jobs and focus initially on energy infrastructure. Trump emphasized prioritizing domestic development and streamlining emergency measures to facilitate the initiative.

On foreign policy, Trump stated he might impose additional sanctions on Russia if President Vladimir Putin refuses to negotiate peace in Ukraine. He also hinted at a 10% tariff on Chinese exports and criticized Chinese President Xi Jinping for insufficient efforts to end the war in Ukraine. Trump revealed ongoing talks with Ukrainian President Volodymyr Zelenskyy, who expressed a desire for a peace agreement, and called on the EU to increase its support for Ukraine.

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