China wants to be the dominant player in AI by 2030 and the country is plowing enormous amounts of money into the AI infrastructure to compete with the US ...
The retreat came after DeepSeek unveiled its R1 chatbot that has shown the ability to match the capacity of US AI pace-setters for a fraction of the investments made by American companies.
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Stargate officials say the company will immediately deploy $100 billion. Construction on the first Stargate-backed project, a data center in Abilene, is already underway. "This is a huge opportunity ...