In a major announcement, former President Trump unveiled a sweeping $500 billion investment in AI infrastructure, dubbed the Stargate Project, in collaboration with tech giants OpenAI, Oracle, and SoftBank. This initiative aims to enhance the U.S. AI landscape and is expected to create hundreds of thousands of jobs. As Trump highlighted the potential benefits of the project, he also indicated openness to exploring new partnerships, including the possibility of Elon Musk acquiring TikTok. Following the announcement, Oracle’s shares surged by approximately 9%, reflecting investor optimism around the initiative. Microsoft, formerly the exclusive cloud provider for OpenAI, has adjusted its partnership terms to accommodate this expansive new venture. Tech leaders applauded the initiative, suggesting it could have significant implications for the future of AI and even potential cures for major diseases. Overall, the announcement has sparked excitement in global markets, with Asian stocks responding positively to the news.