New Federal AI Initiative May Aid in Development of Cancer mRNA Vaccine, Says Oracle CEO
This week, Trump revealed a substantial $500 billion investment aimed at an AI data initiative.
At a White House gathering, Oracle CEO Larry Ellison stated that an artificial intelligence (AI) initiative introduced by President Donald Trump could facilitate various uses, including the development of what he referred to as an “mRNA vaccine” for cancer.
During a press conference on Tuesday evening, Trump, accompanied by Ellison, SoftBank CEO Masayoshi Son, and OpenAI CEO Sam Altman, outlined a $500 billion commitment to bolster AI within the United States. This initiative will engage other prominent technology firms, including Microsoft and NVIDIA, among others.
“A new American company will invest at least $500 billion in AI infrastructure within the United States, generating over 100,000 American jobs almost immediately,” Trump remarked at the White House. “This monumental undertaking signifies a strong belief in America’s potential under new leadership.”
Delving into the specifics, Ellison explained to reporters that AI would be utilized for numerous applications, highlighting cancer vaccines.
“One of the most thrilling projects we’re involved in … is our cancer vaccine,” the Oracle CEO, estimated to be worth around $230 billion, stated at the event. “You can conduct early cancer detection … through a blood test, and AI can analyze the blood test to identify the cancers that pose serious threats to individuals.
“This mRNA vaccine can be produced robotically in about 48 hours with the help of AI. Imagine having early cancer detection, a personalized cancer vaccine developed specifically for you, available in just 48 hours.”
The partnership launched by Trump, dubbed Stargate, aims to construct data centers and the energy infrastructure required for the continued advancement of AI technology in Texas, according to the White House. The initial funding is anticipated to be $100 billion, with the possibility of increasing to five times that amount.
Masayoshi Son, the CEO of SoftBank in Japan, had previously pledged in December 2024 to invest $100 billion into U.S. projects over a four-year timeframe. This comes after an earlier commitment of $50 billion in new investments during Trump’s initial term, which included a significant investment in the co-working firm WeWork.
Following the announcement on Tuesday, Elon Musk, owner of X and CEO of Tesla, claimed that the tech investors backing Stargate “actually lack the funds.”
The Associated Press contributed to this report.