Trump Convenes Tech Executives to Sign Power Cost Pledge
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly.POWER-COST PLEDGE:President Donald Trump is convening technology executives from companies including Amazon, Meta, Microsoft, Alphabet, Oracle, OpenAI, and xAI, to sign pledges committing their companies to foot the electricity bill for energy-hungry data centers, Bloomberg's Jennifer A Dlouhy and Hadriana Lowenkron. The promises would not be binding and would lack the force of law, but administration officials believe they could bring accountability and offer assurance to consumers, according to the report, which adds that the initiative is part of Trump's push to address mounting electricity prices before the November midterm elections, with data centers encountering a growing public backlash over their use of water, land, and backup power.WARNER BID:NetflixCEO Ted Sarandos will attend meetings at the White House Thursday to discuss the company's proposal to acquire Warner Bros. Discovery, two people familiar with the matter told's Yasmin Khorram. The agenda includes Netflix's bid as well as President Donald Trump's demand that Netflix fire former Biden administration adviser and current board member Susan Rice, though it wasn't immediately clear whether Sarandos would meet with Trump, the report said.ROBOT MANUFACTURERS:The Department of Commerce is hosting American robot manufacturers for a roundtable on March 10 as it looks to bolster the domestic industry and fight off Chinese competition, J.D. Capelouto ofreports, citing an invitation from Commerce's National Telecommunications and Information Administration. Makers of both manufacturing robots and humanoids were invited, according to the website. Shares of Serve Roboticsand Richtech Roboticsmoved higher following the report.H200 CHIPS:A top U.S. export control official says Nvidiahas yet to sell any H200 chips to China, two months after President Trump's decision to allow AI chip shipments, Bloomberg's Maggie Eastland. David Peters, assistant secretary for export enforcement at the Commerce Department, told the House Foreign Affairs Committee on Tuesday that the US was boosting efforts to crack down on smuggling of advanced semiconductors used in AI.
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OpenAI Acquires Cybersecurity Startup Promptfoo
- Acquisition Announcement: OpenAI has announced the acquisition of cybersecurity startup Promptfoo, with the team joining OpenAI to enhance security and governance capabilities within its Frontier platform, although deal terms remain undisclosed.
- Technology Integration: Promptfoo's security tools will be integrated into OpenAI's Frontier platform, addressing the security challenges posed by AI agents connecting to real data and systems, thereby improving the safety and reliability of AI systems.
- Funding Background: In July 2023, Promptfoo completed a Series A financing round of $18.4 million led by Insight Partners, with participation from Andreessen Horowitz, bringing its total funding to $22.68 million and a valuation of $85.50 million.
- Team Expansion: With 11 employees, Promptfoo's integration into OpenAI will accelerate the development of its open-source project, aiding developers in testing and comparing the performance of various AI-related prompts and agents, further promoting the secure application of AI technology.
CANAL+ SA: BEGINNING IN JUNE, CO TO IMPLEMENT GOOGLE CLOUD'S NEWEST GENERATIVE AI TECHNOLOGY IN EUROPE AND AFRICA
Launch Announcement: Canal+ is set to start its operations in June, focusing on the deployment of Google Cloud's latest generative AI technology.
Geographic Focus: The initiative will primarily target regions in Europe and Africa, aiming to enhance digital services and content delivery.
Equinix: Growth of AI-Driven REITs
- Significant Revenue Growth: Equinix's revenue reached $9.2 billion in 2025, a 5% increase, with projections to exceed $10 billion in 2026, indicating strong demand and sustained growth potential in the data center leasing market.
- Expanding Customer Base: With 280 data centers globally, Equinix serves over 10,500 companies, including 60% of the Fortune 500, highlighting its leadership position and market penetration in the industry.
- Cloud Service Connectivity Advantage: By partnering with major cloud providers like Amazon, Google, and Microsoft, Equinix offers customers direct connections that ensure faster, low-latency private internet access, reducing security risks and enhancing customer loyalty.
- Consistent Dividend Growth: Equinix pays a quarterly dividend of $5.16, with its yield increasing from 1.81% to 2.45%, and has raised its dividend for 11 consecutive years, demonstrating strong cash flow and commitment to shareholders.
Billionaires Bet on AI's Future Wealth Potential
- Investor Moves: Billionaire Stanley Druckenmiller's investment strategy in the AI sector is noteworthy, having gained over 1,300% and 500% from investments in Nvidia and Palantir Technologies over the past five years, reflecting strong confidence in the AI industry.
- Portfolio Adjustments: In the recent quarter, Druckenmiller closed his position in Meta Platforms, which accounted for only 1.3% of his portfolio, while increasing his stakes in Alphabet and Amazon to 2.6% and 3.7%, respectively, indicating recognition of their AI growth potential.
- Revenue Growth: Alphabet's Google Cloud saw a 48% revenue increase to over $17 billion in the latest quarter, highlighting strong demand for AI infrastructure, while Amazon's AWS achieved a $142 billion annual revenue run rate, showcasing robust performance in the AI business.
- Strategic Choices: Druckenmiller's investment choices suggest that Alphabet and Amazon are core players in the AI space for investors seeking immediate returns, while Meta may attract those looking for long-term AI innovation opportunities.
CANAL+ ENTERS INTO LONG-TERM PARTNERSHIP WITH GOOGLE CLOUD FOCUSED ON ARTIFICIAL INTELLIGENCE
Partnership Announcement: Canal+ has signed a multi-year partnership with Google Cloud to enhance its services.
Focus on AI: The collaboration will leverage artificial intelligence to improve Canal+'s offerings and operational efficiency.
Stanley Druckenmiller Doubles Down on AI Investments
- Significant Returns: Stanley Druckenmiller's past investments in Nvidia and Palantir have surged 1,300% and over 500% respectively in the last five years, highlighting the immense wealth-building potential in the AI sector that has drawn the attention of many billionaires.
- Recent Investment Moves: In the latest quarter, Druckenmiller closed his position in a company known for aggressive AI spending while increasing stakes in two other AI firms generating billion-dollar revenues, indicating his confidence and strategic positioning in the AI future.
- Industry Leaders' Performance: Alphabet's Google Cloud saw a 48% revenue increase to over $17 billion amid soaring demand for AI infrastructure, while AWS reported a $142 billion annual revenue run rate, showcasing the robust market potential of cloud computing combined with AI.
- Investment Strategy Recommendations: For investors looking to profit in AI, Alphabet and Amazon are currently excellent choices, while Meta represents future innovation; investors should select companies based on their individual investment strategies.
OpenAI Acquires Cybersecurity Startup Promptfoo
- Acquisition Announcement: OpenAI has announced the acquisition of cybersecurity startup Promptfoo, with the team joining OpenAI to enhance security and governance capabilities within its Frontier platform, although deal terms remain undisclosed.
- Technology Integration: Promptfoo's security tools will be integrated into OpenAI's Frontier platform, addressing the security challenges posed by AI agents connecting to real data and systems, thereby improving the safety and reliability of AI systems.
- Funding Background: In July 2023, Promptfoo completed a Series A financing round of $18.4 million led by Insight Partners, with participation from Andreessen Horowitz, bringing its total funding to $22.68 million and a valuation of $85.50 million.
- Team Expansion: With 11 employees, Promptfoo's integration into OpenAI will accelerate the development of its open-source project, aiding developers in testing and comparing the performance of various AI-related prompts and agents, further promoting the secure application of AI technology.
CANAL+ SA: BEGINNING IN JUNE, CO TO IMPLEMENT GOOGLE CLOUD'S NEWEST GENERATIVE AI TECHNOLOGY IN EUROPE AND AFRICA
Launch Announcement: Canal+ is set to start its operations in June, focusing on the deployment of Google Cloud's latest generative AI technology.
Geographic Focus: The initiative will primarily target regions in Europe and Africa, aiming to enhance digital services and content delivery.
Equinix: Growth of AI-Driven REITs
- Significant Revenue Growth: Equinix's revenue reached $9.2 billion in 2025, a 5% increase, with projections to exceed $10 billion in 2026, indicating strong demand and sustained growth potential in the data center leasing market.
- Expanding Customer Base: With 280 data centers globally, Equinix serves over 10,500 companies, including 60% of the Fortune 500, highlighting its leadership position and market penetration in the industry.
- Cloud Service Connectivity Advantage: By partnering with major cloud providers like Amazon, Google, and Microsoft, Equinix offers customers direct connections that ensure faster, low-latency private internet access, reducing security risks and enhancing customer loyalty.
- Consistent Dividend Growth: Equinix pays a quarterly dividend of $5.16, with its yield increasing from 1.81% to 2.45%, and has raised its dividend for 11 consecutive years, demonstrating strong cash flow and commitment to shareholders.
Billionaires Bet on AI's Future Wealth Potential
- Investor Moves: Billionaire Stanley Druckenmiller's investment strategy in the AI sector is noteworthy, having gained over 1,300% and 500% from investments in Nvidia and Palantir Technologies over the past five years, reflecting strong confidence in the AI industry.
- Portfolio Adjustments: In the recent quarter, Druckenmiller closed his position in Meta Platforms, which accounted for only 1.3% of his portfolio, while increasing his stakes in Alphabet and Amazon to 2.6% and 3.7%, respectively, indicating recognition of their AI growth potential.
- Revenue Growth: Alphabet's Google Cloud saw a 48% revenue increase to over $17 billion in the latest quarter, highlighting strong demand for AI infrastructure, while Amazon's AWS achieved a $142 billion annual revenue run rate, showcasing robust performance in the AI business.
- Strategic Choices: Druckenmiller's investment choices suggest that Alphabet and Amazon are core players in the AI space for investors seeking immediate returns, while Meta may attract those looking for long-term AI innovation opportunities.
CANAL+ ENTERS INTO LONG-TERM PARTNERSHIP WITH GOOGLE CLOUD FOCUSED ON ARTIFICIAL INTELLIGENCE
Partnership Announcement: Canal+ has signed a multi-year partnership with Google Cloud to enhance its services.
Focus on AI: The collaboration will leverage artificial intelligence to improve Canal+'s offerings and operational efficiency.
Stanley Druckenmiller Doubles Down on AI Investments
- Significant Returns: Stanley Druckenmiller's past investments in Nvidia and Palantir have surged 1,300% and over 500% respectively in the last five years, highlighting the immense wealth-building potential in the AI sector that has drawn the attention of many billionaires.
- Recent Investment Moves: In the latest quarter, Druckenmiller closed his position in a company known for aggressive AI spending while increasing stakes in two other AI firms generating billion-dollar revenues, indicating his confidence and strategic positioning in the AI future.
- Industry Leaders' Performance: Alphabet's Google Cloud saw a 48% revenue increase to over $17 billion amid soaring demand for AI infrastructure, while AWS reported a $142 billion annual revenue run rate, showcasing the robust market potential of cloud computing combined with AI.
- Investment Strategy Recommendations: For investors looking to profit in AI, Alphabet and Amazon are currently excellent choices, while Meta represents future innovation; investors should select companies based on their individual investment strategies.
