Trump Announces $100 Billion A.I. Initiative
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.
Read more at The New York Times
Topics
-
Here are the international stocks rallying on the Stargate AI announcement
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout ...MarketWatch - 52m -
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBankABC News - 1h -
Tech giants announce $500bn 'Stargate' AI plan in US
OpenAI, Oracle, Softbank and MGX join forces to build artificial intelligence infrastructure.BBC News - 3h -
Tech Leaders Pledge Up to $500 Billion in AI Investment in U.S.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.The Wall Street Journal - 12h -
Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump announced a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI infrastructure.CNBC - 14h -
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion.Inc. - 15h -
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.NBC News - 15h -
Oracle shares jump 7% on involvement in AI infrastructure initiative that Trump will announce
Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.CNBC - 17h -
Game Developers Are Getting Fed Up With Their Bosses’ AI Initiatives
A survey of video game developers released Tuesday indicates that a growing number of them fear artificial intelligence will have a negative impact on the industry as a whole.Wired - 21h -
Deloitte: 74% of enterprises have already met or exceeded gen AI initiatives (but challenges remain)
Deloitte's state of gen AI report shows that three-quarters of enterprises are seeing ROI and many are set to increase spending.VentureBeat - 1d -
Trump 2nd term live updates: Trump announces $500 billion investment in AI
The president answered questions from the press after announcing a $500 billion initiative on artificial intelligence infrastructure with Big Tech executives.ABC News - 10h -
Trump announces $500 billion AI infrastructure project
President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...CBS News - 14h -
Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.MarketWatch - 14h -
Trump announces up to $500 billion investment to build AI infrastructure
President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the infrastructure needed for artificial intelligence (AI) development over his second ...The Hill - 15h -
Trump makes AI infrastructure announcement on first full day in office
Watch live coverage as President Donald Trump is expected to announce a multi-billion dollar private investment in the artificial intelligence infrastructure of the U.S. on his first full day in ...NBC News - 16h -
Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States.NBC News - 17h -
Watch live: Trump infrastructure announcement
President Trump is expected to make an infrastructure announcement on Tuesday, one day after he was sworn in for a second term and signed a flurry of executive actions. Trump's remarks are expected ...The Hill - 17h -
Trump to announce up to $500 billion in private sector AI infrastructure investment
President Trump is announcing billions in private sector investment by OpenAI, Softbank and Oracle to build AI infrastructure in the U.S.CBS News - 19h -
Trump announces $500 billion investment in 'colossal' AI data centers
The 47th president is meeting with congressional leaders this afternoon and plans to deliver remarks from the White House later today.NBC News - 23h -
Enrique Tarrio, Pardoned by Trump, Helped Initiate Capitol Riot
Until President Trump’s pardon, Enrique Tarrio was serving a 22-year prison term, the longest sentence handed down to any of the nearly 1,600 people charged in connection with Jan. 6.The New York Times - 1d -
Former presidents announced at Trump inauguration
See the moment President Clinton, President Bush and President Obama were announced at President-elect Donald Trump's inauguration ceremony.CBS News - 1d -
Global trade will survive ‘initial shock’ of Trump’s rule, says Malaysia PM
Anwar Ibrahim argues that the US has lost ground to China in south-east AsiaFinancial Times - 2d -
Trump ally: First 100 days will be "shock and awe"
President-elect Donald Trump's return to the White House is the culmination of a political comeback that many in both parties believed would never happen. Now, Trump is promising swift action ...CBS News - 2d -
McDonald’s Just Made a $76 Billion Announcement. You Should Probably Do the Exact Same Thing
Humility can be a virtue, but so can moderation.Inc. - 3d -
US announces $1.2 billion to help finance renewable energy projects in Puerto Rico
The U.S. Department of Energy says it's setting aside $1.2 billion in federal funds to help finance renewable energy projects in Puerto Rico to reduce its dependence on fossil fuelsABC News - 4d -
Biden announces final round of student loan forgiveness, bringing aid total to nearly $189 billion
The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.CNBC - 5d -
‘Mainlined into UK’s veins’: Labour announces huge public rollout of AI
Plans to make UK world leader in AI sector include opening access to NHS and other public data. Why Labour is pinning its hopes on AI to drive UK growth Artificial intelligence will be ...The Guardian - Jan. 12 -
Biden says federal government to cover 100% of costs for initial LA fire recovery
President Joe Biden on Thursday announced the federal government would cover 100% of costs of the initial federal disaster response to the Los Angeles wildfires.ABC News - Jan. 10 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - Jan. 7 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Will crypto continue to rally? Trump’s first 100 days will be the key.
For crypto’s bull run to continue, digital assets enthusiasts hope for a more friendly regulatory environment under the second Donald Trump administration and a favorable macroeconomic setup to ...MarketWatch - Jan. 2
More from The New York Times
-
What Trump’s Pledge to Plant the U.S. Flag on Mars Really Means
The president’s Inaugural Address linked landing on the Red Planet with Manifest Destiny, but left many of the specifics unclear.The New York Times - 15h -
TikTok Butters Up Trump as It Navigates a Ban in the U.S.
The app has repeatedly name checked the president-elect in pop-up messages and statements, as it navigates a ban in the United States unless it is sold to a non-Chinese owner.The New York Times - 2d -
Instagram Debuts New Video-Editing App, as TikTok Deals With a Ban
Instagram on Sunday rolled out Edits, a video-editing product that appeared similar to CapCut, which is owned by TikTok’s parent company, ByteDance.The New York Times - 2d -
TikTok Starts Working Again After Trump Says He Will Stall a Ban
Some users saw the social media app come back online on Sunday, following a shutdown when a federal law went into effect requiring a sale or ban.The New York Times - 2d -
‘The Interview’: Curtis Yarvin Says Democracy is Done
The once-fringe writer has long argued for an American monarchy. His ideas have found an audience in the incoming administration and Silicon Valley.The New York Times - 19h
More in Tech
-
One Of Konami's Best GBA Games Releases On Steam Next Month
Ask any collector of Game Boy Advances games what their holy grail is, and chances are high that Ninja Five-O is on that list. A cult-classic action game released by Konami way back in 2003, ...GameSpot - 42m -
How to Send Cash
Need to send some money without getting scammed or robbed? Follow this advice.Wired - 1h -
Berkeley SkyDeck teams with Mayfield to support AI-focused student entrepreneurs
Berkeley SkyDeck, the global hub for entrepreneurship and accelerator, along with UC Berkeley College of Computing, Data Science, and Society (CDSS), announced a partnership with Mayfield. The aims ...VentureBeat - 1h -
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBankABC News - 1h -
Every Upcoming Superhero Game To Look Out For In 2025 And Beyond
Superhero games make for some of the best interactive entertainment around, as they provide the ideal form of escapism: all of the great power, and none of the great responsibility to use it ...GameSpot - 1h