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Top stories today:
- OpenAI, SoftBank, Oracle team up for $500B data center project
- Trump says open to Elon Musk, Larry Ellison purchasing TikTok in U.S.
- Google said to invest additional $1B in Anthropic to boost AIās presence
- Netflixās Q4 revenue +16% YoY to $10.25B, net income +99% to $1.87B
- China stocks hit by Trumpās 10% tariff threat
- Longevity Biotech Fellowship announces cohort 6
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. OpenAI, SoftBank, Oracle team up for $500B Stargate data center project
$100B will be deployed now, with $400B invested over four years.
Large data center in Texas: 1st project.
āāAimed at building āAI infrastructure for OpenAIā in the U.S.
SoftBank CEO Masayoshi Son will be the projectās chair.
3. Trump says open to Elon Musk, Larry Ellison purchasing TikTok in U.S.
ā[W]hat Iām thinking about saying to somebody is buy it and give halfā to the U.S., Trump said at the White House.
Jan. 20: Trump delayed TikTokās ban or sale by 75 days with an executive order.
ByteDance has so far refused to sell TikTok but may reconsider due to ongoing challenges.
MrBeast on Tue. joined Jesse Tinsley's group bidding for TikTok.
Billionaire Frank McCourt and Kevin OāLeary also formally bid for TikTok this month.
Amazon and Oracle have also been floated as possible suitors.
4. Google said to invest additional $1B in Anthropic to boost AIās presence
