U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
SpaceX Seeks FCC Approval for Massive Solar-Powered Satellite Network to Support AI Data Centers 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Gold Hits Record High as Investors Eye Fed Chair Powell’s Speech on Tariffs 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Rising Bond Yields Pose Risks to US Stocks and Boost Dollar 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a 40% stake in the project, which OpenAI CEO Sam Altman described as an extension of their operations.
The $500 billion Stargate venture, announced by former President Donald Trump, includes tech giants Oracle Corporation (NYSE:ORCL), Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA), and others. The initiative plans an initial $100 billion deployment, with additional funding allocated over four years.
Details about Stargate remain limited, but it aims to revolutionize data processing, connectivity, and cloud computing with advanced AI-driven systems at an unparalleled scale. This collaboration represents one of the largest investments in emerging technology this year, highlighting the growing synergy between AI pioneers and major venture capital investors.
By positioning itself at the forefront of AI innovation, Stargate has the potential to set new standards for partnerships in the tech industry, driving future advancements in artificial intelligence and cloud computing solutions.
