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Trump unveils $2.4B investment from tech giants including Nvidia, OpenAI to fund federal AI mission

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Last updated: October 8, 2026 7:09 pm
amedpost
Published: October 8, 2026
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President Trump on Thursday announced a $2.4 billion commitment from major tech giants including Nvidia, OpenAI and Anthropic to support federal agencies’ AI-driven scientific research.

The funding will be used to bring the Genesis Mission — an effort to use AI to improve federal scientific developments — to 14 agencies across energy, health and space, according to the Trump administration.

Nvidia is contributing $1 billion, the largest single donation. AMD has vowed to give $500 million, OpenAI is donating $200 million and Anthropic and Google have each pledged $150 million.


US President Donald Trump at a luncheon for tech leaders in the East Room of the White House.
President Trump with tech leaders from Meta, OpenAI, SpaceXAI, Nvidia, Google and AMD on Sept. 29. REUTERS

“With a $1 billion investment, NVIDIA is putting advanced Super Intelligence in the hands of America’s scientists to accelerate breakthroughs in medicine, energy and materials,” NVIDIA CEO Jensen Huang said Thursday in a statement. 

AMP and Emerald AI have committed $100 million each, while AWS, Armada, Crusoe and Micron are each giving $50 million to the initiative, according to a press release.

The Genesis Mission launched in November 2025 through the Energy Department.

This is a developing story. Please check back for updates.

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