As Trump returns to the White House, popular private sector investments are on the rise

The return of the president Donald Trump Until the White House opened up the prospect of significant investment in the American economy, a number of high-profile deals were announced before the inauguration and since the start of his second term.

The day after Trump began his second term, Trump, along with OpenAI CEO Sam Altman, Oracle CEO and CTO Larry Ellison, and SoftBank CEO Masayoshi Son, announced a collaborative project known as Stargate that would focus on artificial intelligence (AI) infrastructure. Stargate will be funded with an initial funding of $100 billion, which may reach a total of $500 billion over the course of the project.

Earlier this month, DAMAC — an investment and property development company based in Dubai, United Arab Emirates — announced at least $20 billion in data centers in the U.S. DAMAC founder and chairman Hussain Sajvani said the company has been “waiting for years.” He added that he would increase his investment in the US and expand his investment beyond this level if the market opportunity allows.

Last month, at a press conference with Trump, SoftBank announced a $100 billion investment aimed at creating 100,000 jobs in the US in AI and other emerging industries.

Musk cast doubt on Trump-backed Stargate project: ‘They really don’t have the money’

During the Mar-a-Lago announcement, Trump jokingly asked Trump if he would “be willing to do $200 billion.” Son paused and replied, “I’ll try to do that,” prompting Trump to say, “Okay, 200,” and Son laughing as he called Trump a “great negotiator.”

The influx of investments in the technology sector comes at a time when AI and other emerging technologies are rapidly developing to help shape the global economy in the coming decades.

Trump announced a $100B investment to create 100,000 American jobs, the CEO of SoftBank.

That initiative has supporters like the American Chamber of Commerce, the nation’s largest business group, who want to use pro-growth policies along with regulatory reform to attract more investment.

“It’s great to see companies looking to make strategic investments in the United States. We look forward to working with the administration to reduce regulatory burdens to encourage more investment,” said Jordan Crenshaw, senior vice president of the U.S. Chamber of Commerce’s Center for Technology Engagement. (CTEC) told Fox Business.

Who is Damak? The company is investing $20B in Midwest, SUN BELT data centers.

Jason DeLorenzo, co-founder of Volland options brokerage platform, said in an interview with Fox Business that the deal, which publicly announced the deal with the likes of Google CEO Sundar Pichai, Meta CEO Mark Zuckerberg and Amazon founder Jeff Bezos, marks a contrast between Trump’s inauguration and Trump’s first term.

“I think Trump said it himself, in my first term everybody was fighting me, and now in my second term everybody wants to be friends with me,” DeLorenzo said. “All of a sudden people are trying to fight him as opposed to Trump.”

“I think countries and businesses are realizing that Trump is the majority sentiment in America. And to survive, I think many of these businesses and foreign sovereigns are paying more attention to him,” he explained.

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DeLorenzo hopes the new deals will preempt similar investment announcements in other sectors of the economy, with a focus on AI and emerging technologies, and as tech leaders seek closer ties to Trump than during his first term.

“I hope that Trump will have an overall view of the economy when he tries to make these investments in America, not just on the technology side,” he said.