Shares in Japan’s SoftBank soar 8% after Trump AI announcement

by Alex Johnson 22/01/2025

written by Alex Johnson 22/01/2025 0 comments

Trump signs order to declassify JFK, RFK, Martin Luther King Jr files

Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.

The venture led by SoftBank, Oracle and ChatGPT-maker OpenAI is called Stargate and “will invest $500 billion, at least, in AI infrastructure in the United States,” Trump said.

Alex Johnson

Specialization: Political Investigations. Description: Alex is an experienced investigative journalist with over 10 years of expertise in uncovering political corruption and high-level schemes. He works with international publications and conducts in-depth investigations across Eastern Europe.

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