Trump's AI-powered 'Stargate' venture, company news and geopolitics
Stock market news
• Day two of Donald Trump’s second presidency ended with the announcement that OpenAI, SoftBank Group and Oracle will form a venture called Stargate and invest $500 billion in AI infrastructure across the United States, though how much of that has been planned for some time is anyone’s guess. The name comes from the 1994 sci-fi film and TV series in which a “Stargate” is a device that allows instantaneous travel between distant planets.While its goals are likely more modest than interstellar teleportation, the project could help cement America’s lead over China in the...