Tech News
LAST UPDATE: July 15, 2025
Trump to Unveil $70 Billion in AI and Energy Investments
President Trump will announce $70 billion in AI and energy infrastructure investments at a summit in Pittsburgh, involving major private-sector partnerships for data centers, power generation expansion, grid upgrades, and AI training programs.
Insight
The plan underscores a strategic push to bolster U.S. competitiveness in AI and energy, stimulate regional economies, and mobilize private investment aligned with national innovation goals.
Pentagon Awards Up to $200 Million in Contracts to xAI, OpenAI
The U.S. Department of Defense awarded contracts worth up to $200 million each to leading AI firms—including xAI, OpenAI, Google, and Anthropic—to accelerate military adoption of artificial intelligence technologies.
Insight
This defense sector investment reflects a significant government commitment to AI integration, underscoring national security priorities and signaling a strong public–private partnership in technology.
Bitcoin climbs to record $123,000 as investors look for policy boosts in US
Bitcoin surged to an all-time high of $123,153.22 on July 14, 2025, boosted by strong institutional demand, optimism around U.S. regulatory clarity during “Crypto Week,” and growing recognition of Bitcoin as a potential long-term reserve asset.
Insight
The rally highlights crypto’s increasing legitimacy, driven by policy optimism and shifting investor sentiment. The momentum also lifts broader market valuations, reinforcing the role of regulation in shaping digital asset adoption.
