๐Ÿ“Š $500B Stargate AI Initiative Unveiled

Hi everyone, here is your ๐Ÿ“Š Daily Trade.

Here's what's happening today:

๐Ÿš— Kodiak AI goes public via SPAC merger
๐Ÿ’Š Fujifilm opens major U.S. drug manufacturing plant
๐Ÿ“Š Fermi America launches IPO for next-gen power grids
๐Ÿ”‹ Uranium Energy Corp reports breakthrough year in production
๐ŸŒŒ Project Jupiter joins $500B Stargate AI initiative
๐ŸŽ +8 more stories you might like

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๐Ÿš— Kodiak AI's Public Debut: A Milestone in Autonomous Tech Link
  • Kodiak AI, Inc. completed its business combination with Ares Acquisition Corporation II, marking its public debut on Nasdaq.
  • The transaction values Kodiak at approximately $2.5 billion, one of the largest de-SPAC deals in 2025.
  • Kodiak plans to leverage over $275 million raised to accelerate its autonomous vehicle technology in the freight industry.
๐Ÿ’Š Fujifilm's New Plant Boosts U.S. Drug Manufacturing Link
  • Fujifilm opens a new drug manufacturing plant in North Carolina, enhancing U.S. pharmaceutical production capabilities.
  • The facility will produce complex biologic treatments and has already created nearly 700 jobs, with plans to expand further.
  • This investment aligns with broader efforts to onshore pharmaceutical production amid global trade uncertainties.
๐Ÿ“Š Fermi America's IPO: Powering the Future of Energy Link
  • Fermi America launches its initial public offering, seeking to raise funds for next-gen electric grid development.
  • The company plans to list on both the Nasdaq and London Stock Exchange, with shares priced between $18 and $22.
  • Proceeds will support Fermi's ambitious plans to integrate nuclear, solar, and battery storage technologies.
๐Ÿ”‹ Uranium Energy Corp's Transformative Year in Production Link
  • Uranium Energy Corp transitions to production, achieving significant milestones in uranium output and processing capabilities.
  • The company expands its U.S. operations with the acquisition of Rio Tinto's Sweetwater Complex, boosting production capacity.
  • UEC's strategic unhedged approach positions it to capitalize on rising uranium prices and increased demand for nuclear energy.
๐ŸŒŒ Project Jupiter: A Key Player in the $500B Stargate AI Initiative Link
  • Doรฑa Ana County's Project Jupiter joins the $500 billion Stargate AI initiative led by Oracle and OpenAI.
  • The data center project is backed by a $165 billion bond and aims to create hundreds of jobs in New Mexico.
  • Project Jupiter will support AI infrastructure development, enhancing the region's economic and technological landscape.

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Other news & articles you might like

  • โš–๏ธ Class action filed against Fortinet for securities fraud (Link)
  • ๐Ÿ’ผ Nutex Health faces lawsuit over alleged revenue inflation (Link)
  • ๐Ÿ’ฐ California Resources announces $400M notes offering (Link)
  • ๐Ÿ“… DuPont sets record date for Qnity spin-off (Link)
  • โš–๏ธ Fluor Corporation hit with securities class action (Link)
  • ๐ŸŽฒ Gen Z, Millennials drive gambling growth in 2025 (Link)
  • ๐Ÿ’‰ Sparrow Pharmaceuticals raises $95M for diabetes therapy (Link)
  • ๐Ÿง  Sam Altman discusses OpenAI's $850B infrastructure plans (Link)

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