Tag: WHITE HOUSE
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OpenAI, SoftBank, and Oracle Launch $500B AI Data Center Initiative
OpenAI, SoftBank, and Oracle launch The Stargate Project for AI data centers, starting in Texas with $100B initial funding, aiming for $500B overall investment. The initiative promises substantial job creation and enhances U.S. AI leadership, with Microsoft and others as partners. Concerns about environmental impact persist amidst strong investment projections. Key Highlights of The Stargate…
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The Evolution of Silicon Valley into a Political Powerhouse
The article discusses the shift of Silicon Valley into a major political force, driven by Elon Musk’s financial support and social media influence behind Donald Trump’s campaign, marking a departure from the industry’s historical indifference toward politics. The year was transformative as Silicon Valley transitioned into a political powerhouse, prominently influenced by figures like Elon…
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Jim Cramer Raises Concerns Over Gail Slater’s Antitrust Appointment Affecting Google
Jim Cramer expressed concerns about Gail Slater’s potential role as Assistant Attorney General for Antitrust, emphasizing her lack of support for major tech companies like Google. The U.S. Department of Justice’s recent actions against Google signal a tougher regulatory environment under the incoming Trump administration, with significant implications for big tech firms. On Wednesday, Jim…
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What Major Technology Executives Expect from a Second Trump Presidency
Big Tech CEOs are focused on regulatory leniency and favorable immigration policies in anticipation of a potential second Trump presidency. They advocate for a regulatory environment that promotes innovation and balances data privacy with business interests. The interests of major technology CEOs during a potential second Trump presidency revolve around several key areas, particularly regulatory…