Stargate, a partnership between OpenAI, Oracle, and SoftBank, is pledging to invest $100 billion, potentially up to $500 billion, in artificial intelligence infrastructure in the United States over the next four years.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe— Stargate — with OpenAI, Oracle and Softbank invest pledging to invest an initial $100 billion and up to $500 billion over the next four years in artificial intelligence infrastructure in the United States.
‘The best experience': He's been on 30 trips with a company that links travelers who can see with those who can't "I always say tariffs are the most beautiful words to me in the dictionary," President Donald Trump said at his inauguration.10% tariff on China. For reference, the 47th president had threatened imposing a global tariff of 10%-20% and a whopping 60% tariff on China on the campaign trail.
"President Trump's Inauguration Day policy announcements on tariffs were more benign than expected," said Alec Phillips, chief U.S. political economist at Goldman Sachs, in a note to clients."For now, it is a lower priority than we would have expected."Ding referenced Chinese president Xi Jinping's 2017 speech:"Pursuing protectionism is just like locking one's self in a dark room. Wind and rain might be kept outside but so are light and air.
AI Investment Infrastructure Openai Stargate
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