Behind Trump's AI initiative worth billions
Read more at CBS News
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Google Steps Up AI Race With Fresh $1 Billion Investment in OpenAI Rival Anthropic
The AI contender to the apparent market leader finished a $2 million funding round and now has a $60 billion valuation.Inc. - 4h -
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 - 10h -
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 - 22h -
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 - 1d -
Trump shrugs off billions made through meme coin launch
President Trump shrugged off the news that he made billions of dollars through the launch of his new meme crypto coin. During a press conference Tuesday, his first full day back in the White House, ...The Hill - 20h -
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 - 23h -
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.The New York Times - 23h -
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 - 1d -
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 - 1d -
Trump’s First Day in Office: Behind-the-Scenes Photos
A New York Times photographer followed President Trump for more than 18 hours on Inauguration Day. Here’s what he saw.The New York Times - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Trump’s Gen AI deregulation gamble
The incoming Trump administration's deregulatory agenda for generative artificial intelligence (Gen AI) is set to accelerate its development, forcing organizations to adapt to the disrupted ...The Hill - 1d -
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 -
Main Street Caucus grows behind-the-scenes influence in Trump’s GOP
The House GOP’s Main Street Caucus has turned into a critical behind-the-scenes force for striking deals in the fractious, slim majority — and is set to grow even more important as its leaders ...The Hill - 1d -
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 -
‘It’s worth it’: Trump supporters brave cold to celebrate inauguration in DC
Thousands squeeze into Capital One Arena for televised viewing of president’s swearing-in despite frigid weather. Donald Trump inauguration – live updates In bitter cold, thousands of Donald ...The Guardian - 2d -
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 Front-Runs Inauguration With $30 Billion Cryptocurrency Launch
The token TRUMP saw bigger gains in four hours than the S&P 500 has in three decades.Inc. - 4d -
Canada Readies Billions of Dollars in Retaliatory Moves to Trump Tariff Threat
The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.The New York Times - 6d -
Trump must end the permissive environment Joe Biden is leaving behind
President Biden's assertion that he is "handing over" a stronger country to President-elect Donald Trump is false, as the world is a more dangerous place due to a 'permissive environment' created ...The Hill - 6d -
How Much Are Donald Trump’s Truth Social Shares Worth?
The incoming president of the United States is also a social media mogul. We’re keeping a running tally of his stake in Truth Social—and how his fortunes change with its ups and downs.Wired - 6d -
TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell
Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.CNBC - Jan. 15 -
New AI tool for fighting health insurance denials could save hospitals billions, and help patients
Waystar announced a new generative AI feature that aims to help hospitals quickly fight insurance denials.CNBC - Jan. 13 -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge?
Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.The New York Times - Jan. 8 -
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 -
What’s Behind Meta’s Makeover Ahead of Trump’s Second Term?
Mark Zuckerberg is positioning his company for a second Trump term — and revealing the hollow identity at its core.The New York Times - 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 -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - 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 -
Behind Trump's deal with Dubai's DAMAC Properties
President-elect Donald Trump announced a deal with Dubai developer DAMAC Properties for an investment of at least $20 billion in the U.S. CBS News' Aaron Navarro reports.CBS News - 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 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3
More from CBS News
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Hughes Fire in LA County quickly explodes to 5,000 acres — 19,000 evacuated
A fast-moving wildfire exploded to more than 5,000 acres near the Los Angeles County community of Castaic Wednesday morning, prompting mandatory evacuation orders and road closures, authorities said.CBS News - 4m -
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.CBS News - 16m -
Seat switching, oversold tickets cause drama at pre-inauguration Trump dinner
"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.CBS News - 18m -
Jennifer Lopez, Lily Gladstone among stars of Sundance 2025
The 41st edition of the Sundance Film Festival returns to Park City and Salt Lake City in Utah, with world premiere documentaries and narrative films, presented in-person and streaming online.CBS News - 20m -
DHS terminates all its advisory committees, ends "Salt Typhoon" investigation
Among the committees was the Cyber Safety Review Board that was conducting an investigation into the hack of American telecom companies by Beijing actors dubbed "Salt Typhoon."CBS News - 35m
More in Top stories
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Hughes Fire in LA County quickly explodes to 5,000 acres — 19,000 evacuated
A fast-moving wildfire exploded to more than 5,000 acres near the Los Angeles County community of Castaic Wednesday morning, prompting mandatory evacuation orders and road closures, authorities said.CBS News - 4m -
Sen. John Fetterman on flurry of Trump executive actions
Sen. John Fetterman talks about Jan. 6 pardons, the Laken Riley Act and his meeting with Trump at Mar-a-Lago.ABC News - 10m -
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.CBS News - 16m -
Seat switching, oversold tickets cause drama at pre-inauguration Trump dinner
"I didn't want to get out of my seat because I didn't want to lose it," said one guest at President Trump's pre-inauguration Candlelight Dinner.CBS News - 18m -
Firms in Trump's Stargate venture have touted DEI programs, clashing with new order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go against his goal of eliminating such programs.ABC News - 18m