Global X Internet of Things ETF Price & Performance (SNSR)

A collaboration between Oracle, OpenAI, and SoftBank has launched the Stargate project, aiming to invest $100 billion in AI infrastructure with plans to expand to $500 billion over four years. This initiative includes a massive data center in Texas, positioning the U.S. as a leader in AI development and security.1

Constellation Energy's $16.4 billion acquisition of Calpine Corp. establishes it as the largest independent power provider in the U.S. This deal boosts its presence in key markets and aligns with growing electricity demand driven by AI data centers and electrification trends.1

The debut of DeepSeek AI, a cost-efficient alternative to major AI systems, initially caused market declines but later spurred optimism for innovation. While newer AI releases have overtaken it, the incident highlights the dynamic nature of AI development and the importance of diversification.2