Trump to announce more than $1 billion in commitments for AI “Genesis Project”

Trump to announce more than $1 billion in commitments for AI “Genesis Project”

N
News Editor
2026-10-07 19:14:44
U.S. President Donald Trump is set to attend an AI science conference on Thursday, where he will announce that companies including Advanced Micro Devices (AMD), OpenAI and Anthropic have made investment commitments of more than $1 billion to the “Genesis Project.” According to the information provided, 10 states in the southeastern United States will establish computing hubs under the plan. Georgia alone will commit $1 billion. In addition, the U.S. National Science Foundation and the Department of Energy will put in more than $100 million to develop AI tools for scientific research. The update was reported by ChainCatcher as a brief technology news item.

U.S. President Donald Trump will attend an AI science conference on Thursday and announce that companies including Advanced Micro Devices (AMD), OpenAI and Anthropic have made investment commitments of more than $1 billion for the “Genesis Project,” according to ChainCatcher.

The disclosed plan also includes computing hubs across 10 states in the southeastern United States. Georgia will commit $1 billion. The U.S. National Science Foundation and the Department of Energy will also provide more than $100 million to develop AI tools for scientific research.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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