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Trump unveils massive AI infrastructure plan

Author
CNBC International
Published
Wed 22 Jan 2025
Episode Link
None

President Trump announces a ‘monumental’ $500bn A.I. infrastructure project called Stargate, backed by OpenAI, Oracle and Japan’s Softbank. Netflix shares soar as price hikes and live events help the streaming giant post a huge beat on subscriber numbers. In Asian markets, Greater China stocks disappoint amid new threats of tariffs coming from the Trump administration while European indices are set to open in the green.

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