Notable private sector investments are on the rise amid Trump’s return to the White House

The return of the president Donald Trump His arrival to the White House has raised hopes of increased investment in the US economy, with several high-profile deals already announced in the run-up to Inauguration Day and since the start of his second term.

The day after the start of Trump’s second term, Trump was joined by OpenAI CEO Sam Altman, Oracle CEO and CTO Larry Ellison, and Softbank CEO Masayoshi Son to announce a collaborative project known as Stargate that will focus on developing… Artificial Intelligence (AI) Infrastructure. Stargate will be funded with an initial tranche of $100 billion, which could rise to a total of $500 billion over the course of the project.

Earlier this month, DAMAC — a real estate investment and development company based in Dubai, United Arab Emirates — announced an investment of at least $20 billion in data centers in the United States. Damac’s founder and chairman, Hussain Sajwani, said the company has been “waiting for years.” To increase its investments in the United States, it added that it will expand its investments beyond this level if the market opportunity allows it.

Last month, SoftBank held a press conference with Trump where they revealed a $100 billion investment in the United States aimed at creating 100,000 jobs in artificial intelligence and other emerging industries.

Musk questions Trump-backed Stargate project: ‘They don’t actually have the money’

During the announcement at Mar-a-Lago, Trump jokingly asked if Son was willing to “make it $200 billion.” Son paused and replied, “I’ll try to make it happen,” prompting Trump to say, “Okay, 200,” and leaving Son laughing as he called Trump a “great negotiator.”

Flow of investments in Technology sector It comes amid the rapid rise of artificial intelligence and other emerging technologies that will help shape the global economy in the coming decades.

Trump and SoftBank CEO announce a $100 billion investment to create 100,000 American jobs

This momentum has led advocates of pro-growth policies such as the U.S. Chamber of Commerce, the nation’s largest business trade group, looking to leverage regulatory reforms to attract more investment.

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

Who is DAMAC? The company is investing $20 billion in Midwest and Sunbelt data centers

Jason DeLorenzo, market strategist and founder of options trader platform Volland, told FOX Business in an interview that the deals announced coupled with the visible presence of technology leaders like Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg Amazon founder Jeff Bezos at Trump’s inauguration shows the contrast with Trump’s first term.

“I think Trump himself said, ‘In my first term everyone was fighting me, and now in my second term, everyone wants to be my friend,'” DeLorenzo said. “Suddenly people are trying to ally with Trump instead of fighting him.”

He added, “I think that countries and companies realize that Trump took advantage of a feeling in America that has now become the feeling of the majority. In order to survive, I think that many of these companies and foreign governments are paying more attention to him.” He explained.

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DeLorenzo noted that with new deals focusing on artificial intelligence and emerging technologies, as well as tech leaders looking to build closer relationships with Trump than during his first term, he hopes similar deals will follow. Investment announcements And in other sectors of the economy as well.

“I just hope that Trump takes a comprehensive view of the economy when he tries to get these investments in America and not just on the technology side,” he said.