Facebook announces major changes to its news feed that will prioritize posts from friends over those from businesses or third parties. The news could be a big blow for publishers, who rely on the platform to grow its audience. And Peter Thiel, the man who funded Hulk Hogan's lawsuit against Gawker, is reportedly now trying to buy the company. How the venture capitalist will run the company, which published controversial articles against him and still faces possible litigation from Hogan, remains to be seen. Plus Softbank's not the only investor cutting its estimate of Uber's valuation. Fidelity and Principal Investments say the ride-hailing app is worth about 20 percent less than it was previously.

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Trump Highlights Partnership Investing $500 Billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
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