Transcriber: nvidia/parakeet-tdt-0.6b-v2, sat-12l-sm, and large-v3-turbo
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Participants
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donald j trump
admin34:55
Appearances
l
larry ellison
oracle03:20
sam altman
openai01:04
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Voice
Speaker
Time
Text
Promise of AI Cure00:15:13
unidentified
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President Trump announced a $500 billion investment program to fund infrastructure for artificial intelligence.
He made the announcement during an address from the White House.
Following his remarks, the President takes questions from reporters on pardoning the January 6th defendants, selling TikTok, and the ceasefire deal in Gaza.
This is just over 45 minutes.
Five minutes.
Here in five.
Don't say the two-minute warning is a five-minute warning.
Dan, a two-minute morning is a five-minute warning for those watching.
Well, thank you very much, and it's an honor to be here today.
We have first full day as president.
We're back.
And we had a great first term, but we're going to have an even better second term.
And I think we're going to do things that people would be shocked at.
We're starting off with tremendous investment coming into our country at levels that nobody's really ever seen before.
And they're very happy with the fact that I won the race and that they feel confident in their investments.
And it's big money and high-quality people.
So my first stay back from having a nice life.
It's my honor to welcome three of the world's leading technology CEOs.
And in the case of Larry, Larry Ellison, it's well beyond technology, is sort of CEO of everything.
He's an amazing man, an amazing business person.
But to announce the largest AI infrastructure project by far in history, and it's all taking place right here in America.
As you know, there's great competition for AI and other things, and they're coming in at the highest level.
We're joined by Oracle Executive Chairman Larry Ellison, SoftBank CEO, my friend Masa, Masa, Yoshi Sun, and CEO of OpenAI, and I would say by far the leading expert based on everything I read, Sam Altman.
So that's great that you're coming in together.
That's a massive group of talent and money.
Together these world-leading technology giants are announcing the formation of Stargate.
So put that name down in your books, because I think you're going to hear a lot about it in the future.
A new American company that will invest $500 billion at least in AI infrastructure in the United States and very quickly, moving very rapidly, creating over 100,000 American jobs almost immediately.
This monumental undertaking is a resounding declaration of confidence in America's potential under a new president.
Let me be.
A new president.
I didn't say it they did.
So I appreciate that, fellas, but it'll ensure the future of technology.
What we want to do is we want to keep it in this country.
China is a competitor and others are competitors.
We want it to be in this country and we're making it available.
I'm going to help a lot through emergency declarations because we have an emergency.
We have to get this stuff built.
So they have to produce a lot of electricity and we'll make it possible for them to get that production done very easily at their own plants if they want, where they'll build at the plant, the AI plant.
They'll build energy generation and that will be incredible.
But it's technology and artificial intelligence, all made in the USA.
Beginning immediately, Stargate will be building the physical and virtual infrastructure to power the next generation of advancements in AI, and this will include the construction of colossal data centers, very, very massive structures.
I was in the real estate business.
These buildings, these are big, beautiful buildings.
They're going to employ a lot of people.
And physical campuses and locations currently being scouted nationwide.
They're making their choices of locations.
I think they have their choice.
I'd like to ask Larry, Sam, and Masa to say a few words and just talk a little bit about what they're doing.
And if you have any questions, and then we'll go into a couple of other subjects also.
But this is to me a very big thing, $500 billion Stargate project.
I think it's going to be something that's very special.
It'll lead to something that could be the biggest of all.
So, Larry, maybe we'll start with you and we'll go down the line.
AI holds incredible promise for all of us, for every American.
We've actually been working with OpenAI for a while and with MASA for a while.
The data centers are actually under construction.
The first of them are under construction in Texas.
Each building is a half a million square feet.
There are 10 buildings currently being built, but that will expand to 20 and other locations beyond the Abilene location, which is our first location.
The kind of applications that we're building to give you an idea, maybe the most charismatic and the one that I think touches us all, is electronic health records, not just maintaining electronic health records, but by looking at electronic health records, understanding the condition of doctors, better understanding the condition of their patients, and being able to provide health care plans that are much better than they otherwise would be.
A doctor in Indian River Reservation would be able to see how a doctor at Memorial Sloan Kettering would treat the patient, or a doctor at Stanford would treat the patient.
We actually provide all of that information, all of that guidance to the doctors who are treating cancer patients or patients with any other kind of disease made possible by AI.
I'm not going to take a lot of time.
I'm going to pass it to MASA, but this is a very exciting program for Oracle to be a part of.
Thank you.
unidentified
Thank you, sir.
Oh, thank you.
That's going to be helping.
That's good.
That's great.
I feel tall now.
Thank you.
Well, Mr. President, last month I came to celebrate your winning and promised that we would invest $100 billion.
And you told me, oh, MASA, go for 200.
Now I came back with 500.
Because this is the, as you said yesterday, this is the beginning of golden age of America.
This is one great example, I think.
Right?
We wouldn't have decided to do this.
This is the beginning of a golden age.
We wouldn't have decided unless you want.
And yesterday, we agreed, we signed to make this happen.
I don't have too much to add, but I did want to say I'm thrilled we get to do this in the United States of America.
I think this will be the most important project of this era, and as Masa said, for AGI to get built here, to create hundreds of thousands of jobs, to create a new industry centered here.
We wouldn't be able to do this without you, Mr. President, and I'm thrilled that we get to.
I think it'll be an exciting project.
I think we'll be able to do all of the wonderful things that these guys talked about.
But the fact that we get to do this in the United States is, I think, wonderful.
These guys can maybe share more about some of the work they're doing there.
I think they'll jointly be some of the leaders about driving progress here.
But I believe that as this technology progresses, we will see diseases get cured at an unprecedented rate.
We will be amazed at how quickly we're 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, but really to cure the diseases at a rapid, rapid rate, I think will be among the most important things this technology does.
One of the most exciting things we're working on, again, using the tools that Sam and MASA are providing, is a cancer vaccine.
It's very interesting.
Early diagnostics.
It turns out, I'll be quick, all of our cancers, cancer tumors, little fragments of those tumors float around in your blood.
So you can do early cancer detection.
You can do early cancer detection with a blood test.
And using AI to look at the blood test, you can find the cancers that are actually seriously threatening the person.
So we can, again, cancer diagnosis using AI has the promise of just being a simple blood test.
Then beyond that, once we gene sequence, once we gene sequence that cancer tumor, you can then vaccinate the person, design a vaccine for every individual person to vaccinate them against that cancer.
And you can make that vaccine, that mRNA vaccine, you can make that robotically again using AI in about 48 hours.
So imagine early cancer detection, the development of a cancer vaccine for your particular cancer aimed at you, and have that vaccine available in 48 hours.
This is the promise of AI and the promise of the future.
I was shocked with Larry because I don't even think Larry does this stuff.
You did a very good job for a guy that doesn't do it much, right?
But he's so respected, and the group, and it's really an honor.
But for Larry to be here and do this is very unusual because he doesn't do this stuff.
He doesn't need it.
And you don't need it, do you?
You don't need it.
But I just, I think it's an honor to the country.
It's a great honor that this group, these are the top people, that they're going to do it, and they're going to do it here.
And we're going to make it as easy as it can be.
A $500 million Stargate project comes in addition to a separate pledge between $100 and $200 billion from, as we know, from MASA that we talked about before.
It's easier, but with some, I know them and they're so highly respected, I'd rather do it this way.
Many would like to do it this way, but we're letting the world know what's happening.
This is money that normally would have gone to China or other countries, but in particular China.
total before the end of my first full business day in Washington in the White House, we've already secured nearly $3 trillion of new investments in the United States and probably that's going to be six or seven by the end of the week.
Tremendous amounts of money are coming in for many things other than even AI.
AI seems to be very hot.
It seems to be the thing that a lot of smart people are looking at very strongly.
Our country will be prospering like never before.
I think that's true and it's going to be the golden age of America.
As I say, yesterday we had the most ambitious action-oriented day of any administration in history.
There's never been a first day like yesterday, as you know.
I signed a sweeping slate of executive orders to stop the invasion of our borders.
I launched a government-wide effort to defeat inflation and bring down the cost of daily life and bring down the cost of energy, magnificently bring it down.
And when energy comes down, Larry, I'd say generally speaking, when energy comes down, everything else comes down.
The prices of food and the prices of everything else come down.
Energy is the big, that's the big baby.
And we declared a national energy emergency to drill baby drill, our term that we use.
We're going to drill baby drill like never before.
We ended destructive DEI mandates across the federal government and returned our country to a merit-based system and a common sense system.
As you know, the Supreme Court gave us a decision on merit where things in this country can be based on merit now instead of a lot of different rules, regulations, and things that really put our country at a big disadvantage.
We permanently stopped government censorship and restored free speech.
That was signed yesterday.
We renamed the Gulf of Mexico the Gulf of America.
Sounds so beautiful, the Gulf of America.
And returned the name of a great president, William McKinley, to Mount McKinley.
They took off the name.
And he was actually a great president.
He was a very, very successful businessman.
He ran for governor of Ohio.
He won and did a great job as governor, ran for president, and he won.
He was assassinated, ultimately, in his second term, unfortunately.
But he was the tariff king, and he, I don't think he was as bad as I am.
I think I believe in him even more than him, but he believed in him very strongly.
And he raised massive amounts of money.
Our country was at its richest from 1870 to 1913.
We had the most, that was when we were the richest, relatively speaking.
We were the richest during that period of time.
That was tariffs from other countries.
And our administration's moving with unprecedented urgency and speed to confront every single crisis facing us, and we'll get the job done.
And again, I want to thank Sam and Masa and Larry for being here.
It's an honor to have them.
And we'll take a few questions, if you want.
unidentified
Can I ask about some of the executive orders?
You would agree that it's never acceptable to assault a police officer.
Sure.
So then if I can, among those you pardon, DJ Rodriguez, he drove a stun gun into the neck of a D.C. police officer who was abducted by the mob that day.
He later confessed on video to the FBI and pleaded guilty for his crimes.
What I really want to have done, I was talking about this with the guys back in the Yoval office.
Los Angeles has massive amounts of water available to it.
All they have to do is turn the valve, and that's the valve coming back down from the Pacific Northwest where millions of gallons of water a week and a day even in many cases pours into California.
goes all through California down to Los Angeles and they turned it off.
It's off now.
The valve goes, it turns toward the Pacific Ocean and all that water goes pouring into the Pacific Ocean.
If they did what I told them to do, they wouldn't do it because politically they didn't think it was good.
I think it's great politically.
I think they're dead politically.
What they've done, they've destroyed the city.
What they've done to that city is unbelievable.
The sprinklers, their sprinklers in there like these right here that you see, none of them had any water in them.
They didn't have any water.
The fire hydrants, 40% of them had no water.
The brush was soaked, was just dry.
Everything was dry.
The sprinklers on the lawn weren't allowed to even be used.
So, you know, everything was dry and it was an inferno.
They created an inferno.
So we're demanding that they turn the valve back toward Los Angeles right now.
It's not even believable that they haven't done it.
Just so you know, they have a valve and it turns like think of a sink, but multiply at times many thousands of times the size of it.
It's massive.
And you turn it back toward Los Angeles.
Why aren't they doing it?
They either have a death wish, they're stupid, or there's something else going on that we don't understand.
But we want the water that they're throwing away to be used for California.
And that includes the farmers of California.
You know, when you drive up north, you see all of the land.
I couldn't believe it.
I was with Devin Nunes when he was a congressman and some other congressmen from the area and we're driving up and we're on the highway and I keep looking at these farms and the land is bone dry and then you'd see an acre, about an acre or two acres with the most beautiful green plants growing in it, the most beautiful, it's a rich stuff and you look at the soil and it's so rich.
That soil is almost the equivalent to like Iowa soil.
It's phenomenal.
It's got no water.
But the reason it has no water, I said, do you have a drought?
No.
I said, what do you mean you don't have a drought?
Look at the thing.
It's dry as a bone.
The reason you have like an acre is because they say you can farm one acre but no more because they didn't want to waste water.
But they throw the water into the Pacific Ocean.
These people are crazy.
So we're going to be issuing an executive order demanding that they immediately let that water come down to through California.
Farmers, even people living in Beverly Hills.
Now those people have been a lot, I mean a lot of them are wiped out.
Believe it or not, you know, they were having restrictions, Larry, you know about this.
They wanted to restrict you to 38 gallons of water a day.
That sounds like a lot, but it's not.
When you're a rich person and you like to take a shower, 38 gallons doesn't last very long.
And they have all this water, and it's really good water.
Up high, Pacific Northwest.
Some comes in from Canada, a nice country, by the way.
Comes in from Canada, and it comes all the way through California, and they're restricting it.
You even have the half pipes, you know, the half pipes, the cut pipes, big ones, bigger than this room.
And they're going all the way down, and they're bone dry, and they could be loaded up with water.
No, but isn't it incredible that they don't do it?
And it's to protect the Delta smelt.
It's a fish that's doing poorly anyway.
But I said, how are you protecting the Delta smelt by not giving it water?
And I've met with owners of TikTok, the big owners.
It's worthless if it doesn't get a permit.
It's not like, oh, you can take the U.S.
The whole thing is worthless.
With a permit, it's worth like a trillion dollars.
So what I'm thinking about saying to somebody is buy it and give half to the United States of America, half, and we'll give you the permit.
And they'll have a great partner, the United States.
And they'll have something that's actually more valuable because they have the ultimate partner, and the United States will make it very worthwhile for them in terms of the permits and everything else.
But so think of it.
You have an asset that has no value or has a trillion-dollar value.
It all depends on whether or not the United States gives the permit.
So what I'm saying is let the United States give the permit and the United States should get half.
They've served years in jail, and murderers don't even go to jail in this country.
And we had 1,500.
We have 16 under review, as you know.
We commuted about 16 of them because it looks like they could have done things that were not acceptable for a full pardon.
But these people have served years of jail.
Their lives have been ruined.
And in many cases, listen to me for a second.
Stop interrupting.
They've served years in jail.
And if you look at the American public, the American public is tired of it.
Take a look at the election.
Just look at the numbers on the election.
We won this election in a landslide because the American public is tired of people like you that are just one-sided, horrible people in terms of crime.
You don't talk about all the people that have been killed and what happens to those murderers.
Murderers get no time.
You take a look at some of these DAs.
They go after political opponents, but they don't go after people that shoot people in the street.
They're caught.
They know where they're living.
They know everything.
They don't even go up to pick them up anymore.
They just let them live there.
They know all about it.
They have their pictures.
They have the tape of the shooting and they don't even go up and you're talking about this.
No, we pardoned people that were treated unbelievably well, poorly.
In the history of our country, there's never been anything take place like this.
They're still looking for them, but they're not looking for the murderers, the people that are killing everybody.
We are, though, and we're getting them out of the country.
We just started that.
We're getting them out of the country, and they're going to be gotten out of the country fast.
They came in illegally from jails and from prisons.
They killed many people.
Some of them killed many people.
About 50% of them killed more than one person.
They were released into our country.
That's what we're focused on, not the kind of nonsense you're talking about.
unidentified
You call for a ceasefire in Ukraine.
If Vladimir Putin doesn't come to the table to negotiate with you, will you put additional sanctions on Russia?
I like both sides of the argument, but I also like very competent people coming into our country, even if that involves them training and helping other people that may not have the qualifications they do.
But I don't want to stop.
And I'm not just talking about engineers.
I'm talking about people at all levels.
We want competent people coming into our country.
And HB1, I know the program very well.
I use the program.
Maitre Ds, wine experts, even waiters, high-quality waiters.
You've got to get the best people.
Now, then you go into people like Larry, and he needs engineers, and MASA needs, and this gentleman needs engineers like nobody's ever needed engineers, right?
So we have to have the quality people coming in.
Now, by doing that, we're expanding businesses, and that takes care of everybody.
So I'm sort of on both sides of the argument, but what I really do feel is that we have to let really competent people, great people, come into our country.
And we do that through the H-1 program.
unidentified
Mr. President, are you looking to impose tariffs on Canada and Mexico in an effort to force negotiations sooner on USMCA?
We're going to be talking with President Putin very soon.
And we'll see how it all happens.
We're going to look at it very soon.
One thing I do feel, the European Union should be paying a lot more than they're paying because under Biden, I mean, we're in there for $200 billion more.
Now it affects them more than it affects us.
We have an ocean in between, right?
Little thing called an ocean.
The European Union should equalize.
We're in there for $200 billion more than the European Union.
I mean, what are we stupid?
I guess the answer is yes, because they must think so.
But the European Union takes advantage of us tremendously on trade, and they now take advantage of, and always have.
If I didn't get involved years ago, my first term, one of the first things I noticed was that they're not paying enough.
They're not paying.
And a lot of those countries weren't even paying the NATO countries.
They weren't paying.
Only seven out of 28 were paying.
We were one of them.
And Poland was one.
And they had a few of them that were paying, and some were paying very proudly.
Usually the closer to the borderline of Russia they were, the faster they paid, okay?
The ones that were further away tended not to pay so fast.
And one thing on that, I think they should lift their number not to 2% but to 5%.
NATO should be at 5%, not at 2%.
2% is ridiculous.
unidentified
You asked President Xi in your conversation about Ukraine.
You asked him to get involved in helping settle that.
We're not going to have security on people for the rest of their lives.
Why should we?
I thought he was a very dumb person, but I used him well because every time people saw me come into a meeting with John Bolton standing behind me, they thought that he'd attack them because he was a warmonger.
He's the one that got us involved along with Cheney and a couple of others convinced Bush, which was a terrible decision, to blow up the Middle East.
We didn't talk too much about tariffs other than he knows where I stand.
Look, I put large tariffs on China.
I've taken in hundreds of billions of dollars.
Until I was president, China never paid not 10 cents to the United States.
With me, they paid hundreds of $600 billion or so, or more, more than that even, of tariffs.
And if I didn't do that, you wouldn't have a steel mill open in the United States right now.
You wouldn't have one steel mill open in the United States.
So what I did is I saved the steel industry.
I saved other industries too with other tariffs.
Other countries are big abusers also.
You know, it's not just China.
China's an abuser, but the European Union is very, very bad to us.
They treat us very, very badly.
They don't take our cars.
They don't take our cars at all.
They don't take our farm products, essentially.
They don't take very much.
We have a $350 billion deficit with the European Union.
They treat us very, very badly.
So they're going to be in for tariffs.
It's the only way you're going to get fairness.
You can't get fairness unless you do that.
But the European Union has treated us very badly.
But essentially, everybody treats us badly.
You know, everybody treats us badly.
Yes, go ahead.
Because we allow them to.
Because we've had stupid people doing this and we can't have, I wouldn't have, I'd like to have these three people negotiate for us just for one week, and we'd be a rich country again, but we'll be rich.
unidentified
Mr. President, on AI data centers, will you rescind President Biden's executive order that opens up federal lands for the US?