President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project,
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
Former President Trump has announced an unprecedented $500 billion AI infrastructure initiative called "The Stargate Project," partnering with tech giants.
Nvidia CEO Jensen Huang Huang said he will be celebrating Lunar New Year with employees.
US President Donald Trump has announced a $500 billion AI project called “Stargate” that will be led by ChatGPT creators OpenAI, SoftBank and Oracle.
The new president needs the tech industry more than it needs him.
Track the market's reaction to President Donald Trump's speech in Davos, Switzerland, as well as corporate earnings and other developments on Thursday.
Dow jumps as S&P 500 hits a record high. Trump pushes for rate cuts and cheaper oil, while rising jobless claims hint at economic softening.
The broad based index finished the trading day up over 0.5%, securing its first all-time closing high of 2025. The Dow Jones Industrial Average ( ^DJI) popped around 0.9%, but was unable to secure its own record, while the Nasdaq Composite ( ^IXIC) recovered from earlier losses to close up about 0.2%.
The Stargate project represents a bold step toward reshaping America’s AI future. Despite criticism and scepticism from industry leaders like Elon Musk, proponents such as Sam Altman remain confident in its transformative potential.
Nvidia CEO Jensen Huang will reportedly won't attend US President-elect Donald Trump's inauguration on January 20 that will take place in Washington DC. Nvidia ranks into world's most valuable company with a market value exceeding $3 trillion.