Demex Daily #333: Trump Unveils $500B AI Investment Plan

What’s Interesting Today:

President Trump revealed a $500 billion investment in AI infrastructure through the "Stargate" initiative, backed by OpenAI, SoftBank, and Oracle. The plan includes constructing 20 data centers and generating 100,000 jobs to boost U.S. dominance in AI. The announcement came after the reversal of Biden's AI regulations, with stock prices of the involved companies increasing.

Metis has launched ReGenesis, a major initiative positioning its Layer 2 blockchain as the foundation for AI on the blockchain. The focus is on overcoming AI's challenges like data misalignment, centralization, and scalability by creating a decentralized, ethical, and transparent AI ecosystem. ReGenesis introduces LazAI, an open network for verified AI assets that tackles issues like privacy, centralized control, and data accuracy. Metis aims to shift AI from centralized "God-Models" to a decentralized "Many-Model" approach, empowering smaller organizations and individuals to create and benefit from AI models.