Mike Sheppard

Now, they are talking about a Manhattan Project-like effort in this executive order called Genesis that President Donald Trump signed yesterday.

But it was really more a call to action for various agencies to start working together more closely.

And that includes the Department of Energy and its national research laboratories.

But when we talk about Manhattan Project, though, we do need to remember that that effort took hours.

$36 billion in real dollars today from back then in the 1940s as the United States was in the race to develop a nuclear weapon ahead of the Axis powers.

This is a very different time.

We are not seeing new money being pledged toward this effort.

It's important to remember, Caro, though, that the U.S.

already has put a significant investment in production of chips.

that would be needed for artificial intelligence.

And that is the Chips and Science Act of 2022 that put tens of billions of dollars in loans and grants and other support, including tax incentives to support the development of a chip industry domestically that would help artificial intelligence take hold and gain ground and lead the world, as President Biden and President Donald Trump now say they would like the US to do.

Now, we are seeing companies like OpenAI push for further investment to support data centers, and that would include extending some of those tax credits to data centers.

So it will be interesting to see how this develops and whether more of those tax credits will go to some of those AI projects.

Just, Kara, as we are wrestling with those questions of whether we are seeing too much money going into this space.