US Says Will Not Tolerate a Nuclear Iran

Iranians drive past missiles by their motorcycle during a rally marking the 42nd anniversary of the Iranian Revolution, at Azadi (Freedom) Square in Tehran, Iran, Wednesday, Feb. 10, 2021. (AP Photo/Ebrahim Noroozi)
Iranians drive past missiles by their motorcycle during a rally marking the 42nd anniversary of the Iranian Revolution, at Azadi (Freedom) Square in Tehran, Iran, Wednesday, Feb. 10, 2021. (AP Photo/Ebrahim Noroozi)
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US Says Will Not Tolerate a Nuclear Iran

Iranians drive past missiles by their motorcycle during a rally marking the 42nd anniversary of the Iranian Revolution, at Azadi (Freedom) Square in Tehran, Iran, Wednesday, Feb. 10, 2021. (AP Photo/Ebrahim Noroozi)
Iranians drive past missiles by their motorcycle during a rally marking the 42nd anniversary of the Iranian Revolution, at Azadi (Freedom) Square in Tehran, Iran, Wednesday, Feb. 10, 2021. (AP Photo/Ebrahim Noroozi)

The administration of US President Joe Biden has stressed that it would not accept Iran having a nuclear bomb.

The UN nuclear watchdog said Wednesday that Iran had started producing uranium metal, in a fresh breach of the limits laid out in the 2015 deal which aims to ensure Tehran cannot acquire a nuclear weapon.

The International Atomic Energy Agency said Iran had begun producing small amounts of uranium metal, a process that is prohibited under the Joint Comprehensive Plan of Action (JCPOA).

“The Agency on 8 February verified 3.6 gram of uranium metal at Iran’s Fuel Plate Fabrication Plant (FPFP) in Esfahan,” the IAEA statement added.

The 'E3' group of leading European powers - France, Germany and the United Kingdom - on Friday condemned Iran's move.

"In escalating its non-compliance, Iran is undermining the opportunity for renewed diplomacy to fully realize the objectives of the JCPOA," they said in a statement.

"We reiterate that Iran has no credible civilian justification for these activities, which are a key step in the development of a nuclear weapon," the statement by the three countries said.

It said that under the nuclear deal, Iran committed not to engage in producing or acquiring uranium metal for 15 years.

"We strongly urge Iran to halt these activities without delay and not to take any new non-compliant steps on its nuclear program," the statement said.

US State Department Spokesman Ned Price on Thursday reiterated that the Biden administration would not accept Iran having a nuclear bomb and that Tehran’s nuclear agreement with world powers was designed to prevent it.

“As a candidate and as president, Joe Biden has been very clear,” Price told reporters in a briefing.

“We will not countenance a nuclear-armed Iran. That was at the crux of the 2015 Joint Comprehensive Plan of Action. It will be a guiding principle of our approach towards this challenge there, period. Iran cannot be allowed to develop a nuclear weapon.”

In an interview with The Guardian, Brigadier General Hossein Dehghan, a commander in Iran’s Revolutionary Guards Corps (IRGC), said Washington was not in a position to set preconditions for Iran’s return to the nuclear deal, and called for guarantees that the US will not leave the agreement again.

“The Biden administration talked about diplomacy, multilateralism, and interaction in the international arena as well as returning to its international commitments.

“However, we still see the same policies from the newly elected administration as we did from the Trump team: not lifting the oppressive sanctions against Iranian people, continuing to block Iran oil revenue in foreign banks while we need the money to fight against the coronavirus pandemic. Altogether this means the continuation of Trumpism in international relations," Dehghan added.



Trump Announces Private-sector $500 Billion Investment in AI Infrastructure

US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
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Trump Announces Private-sector $500 Billion Investment in AI Infrastructure

US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL

US President Donald Trump on Tuesday announced a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business-critical technology.
Trump said that ChatGPT's creator OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs in the United States, Reuters reported.
These companies, along with other equity backers of Stargate, have committed $100 billion for immediate deployment, with the remaining investment expected to occur over the next four years.
SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Chairman Larry Ellison joined Trump at the White House for the launch.
The first of the project's data centers are already under construction in Texas, Ellison said at the press conference. Twenty will be built, half a million square feet each, he said. The project could power AI that analyzes electronic health records and helps doctors care for their patients, Ellison said.
The executives gave Trump credit for the news. "We wouldn't have decided to do this," Son told Trump, "unless you won."
"For AGI to get built here," said Altman, referring to more powerful technology called artificial general intelligence, "we wouldn't be able to do this without you, Mr. President."
It was not immediately clear whether the announcement was an update to a previously reported venture.
In March 2024, The Information, a technology news website, reported OpenAI and Microsoft were working on plans for a $100 billion data center project that would include an artificial intelligence supercomputer also called "Stargate" set to launch in 2028.
POWER-HUNGRY DATA CENTERS
The announcement on Trump's second day in office follows the rolling back of former President Joe Biden's executive order on AI, that was intended to reduce the risks that AI poses to consumers, workers and national security.
AI requires enormous computing power, pushing demand for specialized data centers that enable tech companies to link thousands of chips together in clusters.
"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," Trump said.
As US power consumption rises from AI data centers and the electrification of buildings and transportation, about half of the country is at increased risk of power supply shortfalls in the next decade, the North American Electric Reliability Corporation said in December.
As a candidate in 2016, Trump promised to push a $1 trillion infrastructure bill through Congress but did not. He talked about the topic often during his first term as president from 2017 to 2021, but never delivered on a large investment, and "Infrastructure Week" became a punchline.
Oracle shares were up 7% on initial report of the project earlier in the day. Nvidia, Arm Holdings and Dell shares also rose.
Investment in AI has surged since OpenAI launched ChatGPT in 2022, as companies across sectors have sought to integrate artificial intelligence into their products and services.