500 billion dollars! Trump announces AI infrastructure investment plan, OpenAI, SoftBank, and Oracle will establish a joint venture.

The new company is named Stargate, with an initial investment of 100 billion USD, planning to increase the investment amount to 500 billion USD over the next four years to build new AI infrastructure in the USA.

wallstreetcnJan 22 07:35

Top 20 by trading volume | Trump officially announces the "Stargate" project, ARM surges by 16%; Netflix jumps nearly 10% after earnings.

NVIDIA ranked first, rising by 4.43% with a trading volume of 34.602 billion dollars. Netflix ranked fourth, increasing by 9.69% with a trading volume of 13.788 billion dollars. Oracle ranked seventh, rising by 6.75% with a trading volume of 8.846 billion dollars.

22minutes ago

US stock market close | The S&P hit a historic high during trading, and the Nasdaq rose over 1%; the "Stargate" ignited AI Concept stocks, with Oracle rising nearly 7% and NVIDIA up over 4%.

① NVIDIA and Microsoft rose over 4%, and Arm rose by 16%; ② The S&P broke the 6100 mark during trading for the first time in history; ③ The PHLX Semiconductor Index closed at a nearly six-month high; ④ Sales for Aluminum in the USA exceeded expectations in the fourth quarter.

cls.cn27minutes ago

After Musk, the CEO of Anthropic also poured cold water on OpenAI, stating that the Stargate looks "chaotic."

Anthropic's CEO Amodei stated that it is currently unclear how much actual funding is involved in the $500 billion financing for the Stargate project, and it is also unknown how the Trump administration will participate in this project.

wallstreetcn28minutes ago

OpenAI Wants to Develop Agent With Skills of Engineer: Report

Seeking Alpha06:10

Forget the $500 Billion. Trump's Energy Pledge Is Key to Project Stargate. -- Barrons.com

Barron's05:35