Core Insights - The U.S. government is set to unveil an "AI Action Plan" aimed at enhancing its global leadership in artificial intelligence, focusing on infrastructure, innovation, and global influence [1][2] - The plan emphasizes a carrot approach rather than regulatory measures, aiming to incentivize AI development through federal directives and funding [2] - The "Star Gate" project, intended to solidify the U.S. position in AI, is reportedly struggling to launch, with only a small data center planned by year-end [3][5] Infrastructure - The AI Action Plan will reform permitting rules to simplify the construction of new data centers and focus on modernizing the power grid [2] - The plan aims to address the increasing power demands driven by AI technologies, which have led to capacity exhaustion in the most data-dense regions of the U.S. [6] Innovation - The plan seeks to remove bureaucratic hurdles to maintain U.S. leadership in innovation and prevent state-level regulations from hindering AI development [2] - OpenAI has announced a partnership with Oracle to develop a 4.5 GW data center as part of the "Star Gate" initiative, although specific timelines and locations remain undisclosed [5] Global Influence - The plan will promote the importance of U.S. AI on a global scale to prevent reliance on Chinese AI models or chips [2] - Concerns have been raised about the U.S. losing its competitive edge in AI, particularly as China advances in AI applications and manufacturing [6]

Core Viewpoint - The article discusses the investment journey of Masayoshi Son, highlighting his significant financial losses and gains, and his unique approach to investing in technology and startups, particularly in the context of Japan's economic landscape and the global tech industry. Group 1: Masayoshi Son's Investment Philosophy - Masayoshi Son is characterized as a figure who oscillates between massive financial gains and losses, often taking bold risks that others might avoid [3][46]. - His investment strategy is marked by a willingness to invest heavily in emerging technologies and companies, such as Alibaba and ARM, demonstrating a belief in the potential of innovation [54][79]. - Son's approach contrasts with more conservative investors, as he embraces volatility and seeks opportunities in uncertain environments [6][66]. Group 2: Key Milestones in Son's Career - Son's career is punctuated by critical moments, including his early investments in Yahoo and the subsequent rise and fall of the dot-com bubble, which shaped his reputation as a high-risk investor [32][34]. - The acquisition of ARM and the investment in Nvidia are highlighted as significant moves that positioned SoftBank favorably in the tech landscape, especially in the context of AI [79][82]. - His role in bringing the iPhone to Japan is noted as a pivotal moment that helped stabilize SoftBank during the financial crisis, showcasing his ability to capitalize on emerging trends [56][61]. Group 3: Challenges and Setbacks - The article details Son's substantial losses, particularly from investments like WeWork, which have led to criticism and questions about his investment acumen [69][80]. - Despite setbacks, Son's resilience is emphasized, as he continues to pursue ambitious projects, such as the $500 billion Starlink initiative and investments in AI [8][90]. - The narrative also reflects on the broader challenges faced by Japan in the tech industry, particularly in AI talent acquisition, which Son identifies as a critical issue for future growth [91][92]. Group 4: Future Outlook - The article suggests that Son's future endeavors, particularly in AI, will be crucial for both his personal legacy and Japan's position in the global tech landscape [90][93]. - The potential collaboration with OpenAI is presented as a strategic move to bolster Japan's AI capabilities, indicating Son's ongoing commitment to innovation [93][94]. - The competitive landscape in AI, particularly between the US and China, is highlighted as a significant factor that will influence Son's strategies moving forward [98][99].

Group 1 - Beijing's public transport association initially announced a ban on fuel vehicles for ride-hailing platforms, but later deleted the statement and issued an apology due to verification issues [2] - Zhengzhou's market regulation bureau held talks with major food delivery platforms, including Ele.me, Meituan, and JD, addressing compliance issues and emphasizing the need for fair competition [4] - Taobao Shanguo denied rumors about launching a "1 cent self-pickup" product and stated it has never set internal order targets [4] Group 2 - China Ruyi announced plans to acquire a 30% stake in Kuaiqian Financial for 240 million yuan [5] - JD plans to build 10,000 "Seven Fresh Kitchen" locations nationwide within three years, investing 10 billion yuan to recruit partners for signature dishes [5] - Meituan's "Pin Hao Fan" launched a "Ten Thousand Brands" initiative to support 10,000 well-known restaurant brands [7] Group 3 - Sanofi is set to acquire Vicebio for up to $1.6 billion, focusing on respiratory virus vaccine development [27] - Flexjet completed an $800 million equity financing round, led by L Catterton, to expand its private aviation services [27] - Turing Quantum raised a significant amount in a strategic round of financing to develop photonic chip products [27] Group 4 - Universal Music Group filed for a confidential IPO in the U.S., having previously listed in the Netherlands [25] - Amazon acquired AI wearable device maker Bee, which produces a $50 AI assistant wristband [25] - Tesla opened its first Supercharger diner in Los Angeles, featuring a futuristic design and robot staff [19]

Stargate is a joint venture between OpenAI, Oracle and Softbank that aims to invest up to $500 billion in artificial intelligence infrastructure in the U.S. over the next four years. President Donald Trump announced Stargate shortly after his inauguration in January. OpenAI said the additional data center capacity will create over 100,000 jobs across construction and operations roles in the U.S., and pushes the total Stargate AI data center capacity under development to over 5 gigawatts, according to a blog ...

美国人工智能基础设施的"星际之门"（Stargate）项目正遭遇严重挫折。这项5000亿美元的项目自今年1 月在白宫宣布以来，不仅大幅缩减了近期规划，其负责实施的新成立公司至今未能完成任何一个数据中 心交易。 据媒体22日透露，共同领导该项目的软银和OpenAI在合作关键条款上存在分歧，包括建设地点等核心 问题。尽管两家公司在1月宣布时承诺"立即"投资1000亿美元，但该项目现在设定的目标已缩减为在今 年年底前建设一个小型数据中心，地点可能选在俄亥俄州。 与此同时，急于确保算力供应的OpenAI首席执行官Sam Altman已绕过软银，与Oracle达成了一项年费超 过300亿美元的数据中心协议。这一单独交易的规模几乎相当于星际之门项目今年原定目标，凸显了该 联合项目的进展缓慢。 尽管项目进展不顺，孙正义和Altman在公开场合仍努力维持着合作的良好形象。上周，两人共同出席软 银的一场活动，Altman称双方拥有共同建设10吉瓦数据中心的初步目标，并赞誉这是一次"绝佳的合 作"。 合作伙伴分歧阻碍项目推进 尽管面临这些挑战，两家公司领导人公开表示合作进展顺利。上周他们在软银活动中通过视频出现， Altman表 ...

Group 1 - The "Gateway" AI project, a collaboration between OpenAI and SoftBank, has faced significant delays and has lowered its initial investment target from $500 billion to constructing only one small data center by the end of the year [1][2] - Disagreements over site selection have hindered progress, particularly regarding the potential location's connection to a renewable energy company supported by SoftBank [1] - OpenAI has independently initiated agreements with Oracle for data center services, committing to pay over $30 billion annually starting in fiscal year 2028, which is three times its estimated annual revenue [2][3] Group 2 - Despite public statements of a strong partnership, the project has not yet materialized, with OpenAI listing two data centers in Texas under the "Gateway" name without SoftBank's involvement [2] - OpenAI's current annual losses are in the tens of billions, and it is relying on expanding its paid user base and advertisers to drive revenue growth [3] - The initial goal of the partnership was to build data centers with a combined power demand of 10 gigawatts, but current plans have shifted significantly [3]

中新网7月22日电(记者张乃月)今年年初，美国新一届政府上台后迅速宣布要打造"历史上最大的人工智 能(AI)基础设施项目"——"星际之门"(Stargate)。但据《华尔街日报》当地时间7月21日报道，"星际之 门"开局坎坷，目前进展缓慢。重要出资方日本软银集团和OpenAI(美国开放人工智能研究中心)被曝在 合作的关键条款上存在分歧。 美媒援引消息人士称，该项目尚未落实任何一个数据中心计划。据称，尽管软银和OpenAI在1月份承 诺"立即"投资1000亿美元。但知情人士表示，该项目现在设定了一个更保守的目标——在年底前建立一 个小型数据中心，地点可能在俄亥俄州。 《华尔街日报》称，软银今年早些时候承诺向OpenAI注资数百亿美元，这一巨额押注使软银承担了新 的债务并出售资产。这笔投资与"星际之门"项目的计划同步进行，使得软银在AI物理基础设施方面占据 一席之地。然而，OpenAI方面渴望获得足够的算力来支持公司的标志性产品ChatGPT，已绕开软银，与 其他运营商签下了数据中心大单。 据此前报道，今年年初，OpenAI首席执行官奥尔特曼、软银首席执行官孙正义和甲骨文董事长埃里森 与美国总统特朗普一起现身白宫 ...

Group 1 - The AI data center project "Stargate," led by OpenAI and SoftBank, has faced significant setbacks, with initial investment plans of $100 billion now reduced to establishing a small data center in Ohio by the end of the year [1][3] - Disagreements over key terms, particularly site selection, have stalled the project, despite earlier commitments to initiate the $100 billion investment [3][4] - OpenAI's CEO, Sam Altman, has sought to accelerate the development of the next generation of ChatGPT by bypassing SoftBank and signing significant data center deals with Oracle and CoreWeave, committing over $30 billion to Oracle for a 4.5 GW capacity data center over the next three years [3][4] Group 2 - The cooling of the "Stargate" project highlights a deep strategic conflict between AI giants and capital providers, with OpenAI needing rapid expansion of computing power while SoftBank aims for long-term returns through infrastructure control [4] - The rise of third-party operators like Oracle is leading OpenAI to diversify its supply chain for computing power, potentially undermining SoftBank's position as an exclusive partner [4] - This shift not only impacts the success of the $100 billion project but also reshapes the competitive landscape of global AI infrastructure [4]

Core Insights - The "Stargate" AI infrastructure project in the U.S. is facing significant delays and has scaled back its initial ambitious goals, with no major data center deals finalized yet [1][2] - OpenAI and SoftBank had initially committed to invest $18 billion each to kickstart the project, but SoftBank has not participated in any recent announcements regarding large data center plans by OpenAI [1][2] - The project aims to build large AI data centers across the U.S. with participation from major tech companies like OpenAI, SoftBank, Microsoft, NVIDIA, Oracle, and ARM [1][4] Project Developments - The project's recent target has been significantly reduced to completing a small AI data center in Ohio by the end of this year, a stark contrast to the original plan announced in January [2][4] - OpenAI is now independently seeking substantial AI computing resources without waiting for SoftBank's financial support, opting to rent a large AI data center capacity from Oracle [2][3] - CoreWeave, recognized as a leading AI cloud computing provider, is also involved in providing AI computing resources, indicating a shift in the project's execution strategy [3] Financial Commitments - In January, the project was announced with a potential investment of up to $500 billion by 2029, with initial commitments of $100 billion and a plan to rent the infrastructure to OpenAI [4] - The initial investors included SoftBank, OpenAI, Oracle, and the Abu Dhabi sovereign wealth fund, with SoftBank responsible for financial arrangements and OpenAI for project operations [4] - The project was initially hailed as a transformative initiative, likened to a "new Manhattan Project," with U.S. government support promised for necessary resources [4]

Group 1 - The Nikkei 225 index and the Tokyo Stock Exchange index have expanded their gains to 1% [1] - SoftBank Group's stock price rose by as much as 5.7% [1]