U.S. President Donald Trump announced a groundbreaking $500 billion private-sector investment to bolster artificial intelligence (AI) infrastructure, launching the largest AI initiative in history during an event on January 21 alongside tech leaders Larry Ellison, Masayoshi Son, and Sam Altman.
U.S. President Donald Trump unveiled plans for an unprecedented $500 billion private-sector investment in artificial intelligence (AI) infrastructure on January 21, marking the largest AI initiative in history.
Joined by tech leaders Larry Ellison of Oracle, Masayoshi Son of SoftBank, and Sam Altman of OpenAI, Trump announced the creation of Stargate, a Texas-based joint venture aimed at building cutting-edge data centers and creating over 100,000 jobs.
“This is the largest AI infrastructure project ever, and it’s all happening here in America,” Trump stated, emphasizing the importance of keeping AI advancements domestic amid global competition.
The project’s first phase includes $100 billion in immediate funding, with plans to scale to $500 billion over four years. Initial construction of massive data centers has already begun in Texas.
Stargate’s technology partners, including Nvidia and Microsoft, will support the venture, which aims to address key challenges through AI while solidifying the U.S. as a global AI leader.
OpenAI CEO Sam Altman described the project as transformative: “This will be the most important project of this era, creating a new industry and reshaping the future of AI right here in the United States.
Global leaders and diplomats gathered in southern Türkiye on 17 April for the fifth Antalya Diplomacy Forum, focusing on uncertainty, conflict...
Iran's Islamic Revolutionary Guards Corps (IRGC) said in a Saturday statement that the Strait of Hormuz has...
Armenian Prime Minister Nikol Pashinyan said Armenia and Russia have agreed to continue implementing previously reached agreements in the military-...
Global leaders have gathered in Antalya Diplomacy Forum, with discussions centred on geopolitical uncertainty and international cooper...
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war ag...
Iran's Islamic Revolutionary Guards Corps (IRGC) said in a Saturday statement that the Strait of Hormuz has returned to its "previous state" under the control of its "armed forces," citing the ongoing U.S. blockade on Iranian ports.
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war against Iran on Friday (17 April).
Global shipping through the Strait of Hormuz has shown signs of partial recovery after Iran announced it was open to commercial vessels during a limited ceasefire, though uncertainty remains over security conditions and compliance rules.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
Iran's Islamic Revolutionary Guards Corps (IRGC) said in a Saturday statement that the Strait of Hormuz has returned to its "previous state" under the control of its "armed forces," citing the ongoing U.S. blockade on Iranian ports.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war against Iran on Friday (17 April).
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) deal to supply Australia with warships, Tokyo's most consequential military sale since ending a military export ban in 2014.
Leaders from across Europe and beyond gathered in Paris on Friday for a summit aimed at managing the global impact of the Middle East conflict.
European leaders have set out plans for a coordinated defensive mission to restore freedom of navigation in the Strait of Hormuz, once security conditions allow, following talks involving more than 40 countries.
NeaNearly 900 Rohingya refugees were reported missing or dead in the Andaman Sea off Myanmar in 2025, making it the deadliest year on record, the United Nations Refugee Agency said on Friday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment