And all of this new AI investment will supposedly lead to tools that will help the average person.
That seemed to be the message that each of the billionaires wanted to repeat on Tuesday.
This was really going to help the average person, they insisted in a press conference livestreamed onYouTube.
Donald Trump, accompanied by (R-L) , OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son, and Oracle CTO Larry Ellison speaks as he leaves a news conference in the Roosevelt Room of the White House on January 21, 2025 in Washington, DC.© Photo by Andrew Harnik/Getty Images
The official statements posted by the company were a bit more nuanced.
But the initial spending will amount to about $100 billion.
Softbanks Masayoshi Son called it the beginning of our golden age.
And Oracles Larry Ellison called it a very exciting program.
Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.
How will AI help us with the fight against various problems, diseases, et cetera?
We will be amazed at how quickly were curing this cancer and that one, and heart disease.
And what this will do for the ability to deliver very high quality health care, the costs.
I have that on good authority.
Nobody knows, of course, whether Musk is telling the truth about that one.
SoftBank has well under $10B secured.
I have that on good authority.
Elon Musk (@elonmusk)January 22, 2025
Where does this leave the Trump-Musk relationship?
Thats a good question.
But it seems unlikely that this announcement means the two men wont continue to work together.
Trump needs Musk and Musk needs Trump.
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