Trump Announces $500 Billion Artificial Intelligence Investment in America
President Donald Trump announced Tuesday that three major tech executives are teaming up to invest half a trillion dollars in American artificial intelligence infrastructure.

President Donald Trump announced Tuesday that three major tech executives are teaming up to invest half a trillion dollars in American artificial intelligence infrastructure.
Larry Ellison, the billionaire co-founder of Oracle, believes that artificial intelligence will enable a vast surveillance system capable of monitoring citizens and ensuring they remain on their “best behavior.”
The DOJ says China’s TikTok sent very personal U.S. user data to the Chinese Community Party, and allowed the app’s users to be profiled based on their attitudes towards topics like gun control and abortion.
Despite the U.S. government’s efforts to prevent advanced AI chips from falling into the hands of Chinese companies, some American corporations are finding ways to circumvent these restrictions. Oracle in particular has reportedly helped China’s TikTok by “renting” AI chips to the communist social media company.
Larry Ellison, founder and CEO of the tech empire Oracle, has announced the company will be moving its headquarters from Austin, Texas, to Nashville, Tennessee.
China’s TikTok said it has spent $1.5 billion developing an operation meant to convince U.S. lawmakers that it is safe for Americans to use the app. The company’s executives have also promised to wall-off U.S. user data and bring in engineers and third parties to verify the algorithm functions without interference from the Chinese Communist regime. TikTok, however, has so far failed to live up to its promises.
Oracle co-founder Larry Ellison is set to donate tens of millions of dollars to back Sen. Tim Scott (R-SC) for president in 2024, according to reports.
Paul Fitzpatrick, the president of the 1792 Exchange, told Breitbart News Daily that the foreign disinformation advocacy organization Global Disinformation Index possibly changed some elections’ outcomes because it chokes off information.
Oracle, an international technology giant known for its cloud and enterprise products, has cut ties with the Global Disinformation Index (GDI), the UK-based, State Department-funded group that advised advertisers to blacklist conservative media.
Users of the China-owned social media platform TikTok would still risk having personal data exposed to hacking and espionage by China — even if the U.S. government sets up a security agreement designed to prevent the platform from being banned, former national security officials and other experts say.
The deal for TikTok’s American operations with Oracle and Walmart has been put on hold indefinitely by the Biden White House, according to the New York Times.
A coalition of tech and health organizations including Oracle, Microsoft, and the Mayo Clinic, is reportedly working to develop a digital COVID-19 vaccination passport that would allow businesses, airlines, and governments to check if individuals have received the vaccine.
Oracle, a $39 billion-a-year tech behemoth, announced it is moving its headquarters from California’s Silicon Valley to Austin, Texas.
The Chinese-owned social media firm TikTok has asked a federal appeals court to void the Trump administration’s order demanding that the company divest its operations in the U.S. TikTok’s Chinese parent company claims the order violates its Constitutional rights.
The federal government appealed a judge’s ruling on Thursday that prevented the Trump administration from imposing a ban on the Chinese-owned app TikTok over national security concerns.
A recent report from Wired magazine states that almost 95 percent of donations from employees at Silicon Valley tech giants went to Democratic presidential nominee Joe Biden. Donations to Biden from the employees of Big Tech companies have been double those to Hillary Clinton in 2016.
Last week, Chinese Communist state media were hailing a prospective deal between Chinese company ByteDance, Oracle, and Walmart for control of the TikTok social media platform as a huge win for ByteDance and China, and a crushing defeat for President Donald Trump — The terms of the deal, however, changed a little over the ensuing week, prompting Chinese media to denounce it as “highway robbery” on Friday.
ByteDance, the Chinese parent company of video-sharing app TikTok, has requested a temporary block on a ban of the app by the Trump administration. A U.S. judge has now ordered the federal government to defend the ban on Friday afternoon, or delay the blacklisting scheduled for Sunday.
A recent report states that Attorney General William Barr remains unconvinced that a recently announced partnership between the Chinese-owned social media app TikTok and U.S. companies Oracle and Walmart will safeguard user data from Chinese spying.
The Chinese-owned video-sharing app TikTok recently laid out a partnership with U.S. companies Oracle and Walmart in a deal that has delayed the banning of the app for American users — here are five key facts about the deal currently pending government approval.
A recent report shows that tensions between TikTok and its potential U.S. partner, Oracle, have risen as a debate over the ownership structure of the potential U.S.-based corporation continues.
Chinese state media trumpeted this weekend’s tentative deal between China’s ByteDance and U.S. companies Oracle and Walmart for control over the social media platform TikTok as a major victory for the Chinese firm against “U.S. hegemonic suppression.”
TikTok’s parent company, ByteDance, has emphasized that it will remain in control of the TikTok Global business which appears to contradict President Trump’s recent statement that the entity will be direct by Americans and pay a $5 billion fee to the U.S. government.
“I have given the deal my blessing,” Trump told reporters as he left the White House for a rally in North Carolina. “If they get it done that’s great. If they don’t, that’s ok too, but it’s a great deal for America.”
China’s state-run Global Times on Thursday praised “defiant” ByteDance, parent company of the video microblogging platform TikTok, for refusing to sell full control of the platform to an American company to avoid getting banned by the Trump administration.
A recent report by Reuters claims that the U.S. Commerce Department plans to block downloads of the Chinese-owned apps TikTok and WeChat in the United States by Sunday, September 20. This claim, made by three sources, could indicate the Trump White House is not satisfied by the Oracle deal to be a “trusted” partner for TikTok’s Chinese owner, ByteDance.
As Silicon Valley giant Oracle faces backlash over its recent deal with Chinese company ByteDance to enter a partnership with TikTok, the company has promised to review the video-sharing app’s source code and software to ensure that there are no software backdoors that could be accessed by the Chinese government.
President Donald Trump stated during a press conference that he is not prepared to sign off on a recently announced partnership between Silicon Valley giant Oracle and the Chinese-owned app TikTok until national security concerns are completely alleviated.
Chinese state media praised the proposed deal between TikTok creators ByteDance and Oracle Corporation on Tuesday, with the Communist Party’s Global Times saluting it as recognition for “the hard-won efforts of the Chinese company amid a lack of trust between the world’s two largest economies.”
According to a recent report, Microsoft’s reference to the Chinese-owned social media app TikTok as a “security risk” offended the company’s CEO, Yiming Zhang, resulting in the sale of TikTok to the tech giant falling through.
Oracle has won the bidding to take over the U.S. operations of the Chinese-owned social media app TikTok, beating out Microsoft in a deal to allow the platform to continue operating in the United States. According to some sources familiar with the deal, it is closer to a “partnership” than an outright acquisition.
The sale of the Chinese-owned social media app TikTok to a U.S. company may be shut down as China rewrites a number of export rules to give itself the power to veto certain sales, ultimately giving the communist government power over the TikTok deal.
The legal battle between Oracle and Google, which stands accused of stealing technology owned by Oracle for use in Android smartphones, entered its tenth year last week.
Walmart has confirmed this week that it is teaming up with tech giant Microsoft in an attempt to purchase the Chinese-owned social media platform TikTok.
“I think Oracle is a great company, and I think its owner is a tremendous guy,” Trump said referring to cofounder Larry Ellison. “He’s a tremendous person.”
Tech giant Oracle, considered Google’s arch-enemy in Silicon Valley, has reportedly joined the race to purchase the U.S. operations of the Chinese-owned app TikTok. Microsoft had previously announced plans to negotiate a purchase of the social media company.
As Google faces criticism over its collaboration with Apple on Chinese virus “contact tracing,” one of the D.C. think tanks it funds, the Niskanen Center, is coming out in defense of the tech giant against allegations by Oracle, whose lawsuit against Google is headed for the Supreme Court.
Oracle Executive Vice President Ken Glueck told Breitbart News in an interview on Wednesday that Google committed a “bank robbery” by allegedly stealing 11,000 lines of Oracle’s JAVA API code to develop its Android operating system.
The Trump administration has reportedly urged the Supreme Court to reject an appeal by Google relating to Oracle’s attempt to collect more than $8 billion in royalties for Google’s use of copyrighted Oracle software code.
The Internet Accountability Project (IAP) filed an amicus curiae brief with the Supreme Court on Tuesday for the Oracle v. Google case, contending that Google illegally copied thousands of Oracle’s copyrighted code. IAP senior fellow Rachel Bovard told Breitbart News that this instance serves as a “poster child” for Google’s anticompetitive practices.