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crypto.news 2025-01-22 18:59:53

Trump’s $500b AI project could spark surge in AI tokens: OORT CEO

Trump’s $500b AI project could spark surge in AI tokens: OORT CEO

U.S. President Donald Trump’s announcement of the $500 billion artificial intelligence project Stargate could drive a fresh surge in AI tokens. That’s according to Dr. Max Li, founder and CEO of OORT, a decentralized cloud computing platform. OORT previously collaborated with BNB Greenfield in March 2024 to enhance the BNB Chain ecosystem. On Jan. 21, Trump revealed that ChatGPT creator OpenAI, along with Japanese investment firm SoftBank, U.S. tech giant Oracle, and Emirati sovereign wealth fund arm MGX, are partnering to launch the $500 billion AI infrastructure project. The initiative will be based in the United States, with an initial $100 billion in funding already secured. According to Dr. Li, the Stargate project could significantly influence price trends across the market. Read more: Stargate Finance up 13% after OpenAI announces $500b AI project “With AI coins making recent headlines, the Trump administration’s investment in AI infrastructure could directly impact price trends. While we need to exercise caution with AI agents, the immediate beneficiary is AI-based digital asset management such as Ai16z,” Li said in comments shared with crypto.news. The announcement sparked a rise in the market capitalization of AI tokens and agents. Notable gainers included Artificial Superintelligence Alliance ( FET ), Virtuals Protocol ( VIRTUAL ) and ai16z ( AI16Z ) were among top gainers. OpenAI co-founder Sam Altman linked Worldcoin ( WLD ) also experienced a notable spike. Over the past year, AI tokens have outperformed other digital assets amid developments and news related to artificial intelligence. Companies such as OpenAI and Nvidia have been central to these trends, while the market has also seen growing activity at the intersection of AI and cryptocurrency. AI agents have emerged as one of the latest hot topics. Li added; “DeFi’s convergence with AI will also be accelerated, as developers and investors have had their eyes on this area for some time. We can expect a surge in AI projects launching their tokens, followed by a cycle of filtering and reshuffling. Ultimately, only those with real business value and practical use cases will endure.” You might also like: ai16Z surges over 40% on new partnerships and exchanges listings

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