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AI16Z News: Trump Announces $500 Billion AI Infrastructure Venture, Boosting AI-Based Crypto Assets

AI16Z News: Trump Announces $500 Billion AI Infrastructure Venture, Boosting AI-Based Crypto Assets

Published:
2025-01-22 21:54:41
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In a recent announcement, President Donald Trump revealed a massive $500 billion joint venture named Stargate, in partnership with Oracle, SoftBank, and OpenAI. This collaboration aims to significantly advance AI infrastructure in the United States. Following this news, AI-based crypto assets have experienced a surge in value, with AI16Z leading the charge. Currently, the token is trading at $1.20, marking a remarkable 35% increase over the past 24 hours. This development underscores the growing influence of AI in the cryptocurrency market and beyond.

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