AI Infrastructure Predicted to Hit $356B - One Early Mover Is Building in the Right Place

The global AI infrastructure market is expected to grow 7x by 2032 - with nearly 40% of that anchored in N. America. As governments and tech giants race to build capacity, this company is taking a unique approach: securing deals, stacking GPUs, and investing in startups that could power the future of AI.

Abigail Disney urges donors to be braver about their giving and shouldering more risk

GLENN GAMBOA
May 13, 2025

MIAMI BEACH, Florida (AP) -- Activist and philanthropist Abigail Disney urged donors and the leaders of major foundations and nonprofits to be braver with their giving, especially at a time when more are fearful about speaking their minds.

"The people who speak up against their own self-interest are becoming very, very important," Disney said Tuesday at the opening panel of The Elevate Prize Foundation's Make Good Famous Summit in Miami Beach, Florida. "The people in philanthropy are the people who need to be speaking up ... What we are experiencing is nothing compared to the risk that people of color, Indigenous people, immigrants are experiencing every single day in this country."

Disney told The Associated Press in an interview before the panel that she planned to be more outspoken because "everyone has been so quiet since the election." Many question why major donors and foundations have not reacted faster to the Trump administration's cuts to foreign aid and federal funding to nonprofits, though some organizations, like the Marguerite Casey Foundation, have opted to scale up donations dramatically.

"When people see each other act, it becomes easier for them to act," said Disney, who joked that she inspired Bill Gates to spend all of the Gates Foundation's assets and shut down the nonprofit by 2045. Disney, whose grandfather Roy Disney co-founded The Walt Disney Co., announced in December that her Daphne Foundation would spend its assets and soon shut down.

Disney represented only one segment of philanthropists convened by The Elevate Prize Foundation to pledge action. "We are gathering at a time of real consequence," said Joe Deitch, the foundation's founder and chairman. "The challenges we face on the planet and as a people are daunting. We're witnessing a level of political and social division that often feels insurmountable."

The foundation took its own action by awarding international human rights organization Equality Now $1 million in unrestricted funds for its work, which will help the group expand its work.

Tommy Marcus, also known as Quentin Quarantino on Instagram where his 1.1 million followers have donated more than $30 million to charities he supports, said action makes him feel optimistic.

"I get hope from knowing -- for the wonderful things that I really care about and I just feel obligated to do something about -- that there's just so many good people who will say, 'You know, Tommy, I wasn't thinking about this, but here's $30'," he said. "I think the future of fundraising, the future of charity, is in community."

Marcus said in an interview that he found such support "flattering and a little scary," and that he takes the responsibility of that support very seriously. And he plans to continue to use his platform to draw attention to causes his followers can support.

"Unfortunately, there's plenty of reasons to be a bit demotivated and deflated," he said. "At the same time, I take inspiration from my community and the unique things that we band together for or the way we just help an individual do something."

Tynesha McHarris, co-founder of the Black Feminist Fund, said that this is a frightening time and there will be setbacks as they fight Trump administration policies that she says target Black women, but there will also be opportunities.

"We are in this moment in time where we have to respond against one of the most lethal threats globally, that is trying to come for everything that is possible," she said. "I get to be alongside a cadre of people that stand in their way. That is a gift. Take it. Even if it makes your hands sweat or your stomach hurt. It is a gift to be amongst a community and a country and a coalition who would rather choose freedom over fascism, freedom over fear."

Disney told the panel she would like to eliminate the words "tireless" and "fearless" from the English language,

"No one is tireless or fearless," she said. "Courage is working through fear, in spite of fear. I've never had a moment in my life when I wasn't fearful. The trick is to hold on to your values through fear."

_____

Associated Press coverage of philanthropy and non-profits receives support through the AP's collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. For all of AP's philanthropy coverage, visit https://apnews.com/hub/philanthropy.

Continue Reading...

Popular

Ivanka Trump Drops by Eagles Locker Room, Responds to Player Who Called Her 'Beautiful': 'Stopped By To Say Hi! Sorry To Miss You! Go Birds!'

Ivanka Trump made an unexpected visit to the Philadelphia Eagles locker room on Friday. The visit seemed to be aimed at meeting cornerback Eli Ricks, who had previously complimented her.

Only 3 Mag 7 Stocks Pass Peter Lynch's Favorite Valuation Test - Tesla Isn't One of Them

Lynch's PEG ratio helps identify true growth stocks, Mag 7 of Apple, Amazon, Alphabet, Microsoft, Meta, Nvidia, Tesla evaluated, only 3 pass.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Trump's big tax bill has passed the House. Here's what's inside it

WASHINGTON (AP) — House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative package that combines tax breaks, spending cuts, border security funding and other priorities.

Nvidia's Jensen Huang Doesn't Want You To Order A Shake At Denny's, 'Get A Coke' He Says

Jensen Huang, co-founder of Nvidia, credits his shy teenage years as a Denny's busboy for developing people skills. Now a billionaire, Nvidia has been dominating the AI industry with a projected $400B in data-center spending next year.

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Trump Takes Aim at Taylor Swift: 'No Longer Hot' — Slams 'Washed Up' Bruce Springsteen

In a social media outburst this week, President Trump targeted music icons Taylor Swift and Bruce Springsteen, as well as the Supreme Court.

SCHD: The Dividend ETF Turning Quiet Compounding Into Long-Term Wealth

Dividend growth investing may not be flashy, but it quietly creates lasting wealth for retirement. SCHD is a standout among dividend ETFs.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Michael Burry Makes Major Portfolio Shift, Holding Only One Asset He Deems 'Recession-Proof'

Renowned hedge fund manager Michael Burry has made a substantial alteration to his portfolio, maintaining only one bullish position.

Dogecoin Up 47% In One Month: How Much Higher Can It Go?

Dogecoin's (CRYPTO: DOGE) price rally is supported by key metrics, creating a clean trading pattern, according to prominent analysts.

The Next Big Thing in AI: Musk's Secret Supplier - Ad

Nvidia soared 500% in the first AI wave. Now, Elon Musk's xAI is igniting the second. With Trump's backing and policy shifts, xAI is poised to dominate generative AI. One small company behind its tech could explode in value-this may be your second chance to ride the AI boom.

Archer Aviation (ACHR) Stock Soars On LA28 Olympics Deal, Strong Earnings

Archer Aviation shares have climbed this week following several positive company developments. These include its LA28 Olympics air taxi deal and strong first-quarter financial results.

Massachusetts 19-year-old pleading guilty to stealing, extorting teacher and student private data

BOSTON, Mass. (AP) — A Massachusetts college student will plead guilty to stealing millions of students' and teachers' private data from two U.S. education tech companies and extorting it for ransom, the U.S. attorney's office said.

You Can Take a Stake in Elon's xAI Before June 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Honda pulls back on EV strategy for now and will push hybrid sales

TOKYO (AP) — Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Trump's tariffs will test unity among allies at G7 finance ministers' summit

BANFF, Canada (AP) — Leading financial officials from the world's richest countries are gathering in a Canadian mountain resort this week for what may prove a contentious meeting in the wake of President Donald Trump's .

Pfizer Secures Global Rights To China's 3SBio's Cancer Drug In $6 Billion Deal

Pfizer Inc. announced Monday it has secured exclusive global rights, excluding China, to 3SBio Inc.'s bispecific antibody SSGJ-707.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Jamie Dimon Says Trump's Tariffs Were 'Too Aggressive,' Warns US Risks Going It Alone Without Measured Trade Strategy

JPMorgan Chase & Co. CEO Jamie Dimon has emerged as a critical voice on President Donald Trump's tariff policies, acknowledging legitimate concerns while cautioning against excessive measures that could isolate the U.S. economy.

Massachusetts construction company to pay $11M in illegal dumping case

PROVIDENCE, R.I. (AP) — Rhode Island's top legal chief announced Wednesday that a Massachusetts construction company has agreed to pay $11 million to settle criminal charges that it illegally dumped thousands of tons of contaminated fill in the Ocean State's Capitol city during a highway construction project.

The AI Market Could Hit $356B - This Firm Is Already Building - Ad

Cedarcross isn't pitching prototypes. It's locking in GPU clusters, landing high-margin leasing deals, and scaling today. And that could mean opportunity.

Coinbase Stock Jumps Nearly 11% After-Hours Monday: Here's Why

Coinbase Global Inc., America's largest crypto exchange, is set to join the S&P 500, replacing Discover Financial Services (NYSE: DFS) in the benchmark index, according to a Monday announcement.

US supercomputer named after Nobel laureate Jennifer Doudna to power AI and scientific research

BERKELEY, Calif. (AP) — A new supercomputer named after a winner of the Nobel Prize in chemistry will help power artificial intelligence technology and scientific discoveries from a perch in the hills above the University of California, Berkeley, federal officials said Thursday.

The Cross-Chain Giant Set for 1,000%+ Gains - Ad

This multi-chain protocol's volume is exploding while its price is still under the radar. Institutions are moving in fast-get our urgent report before retail wakes up.

China Rejects US Blame For Fentanyl Crisis, Calls Tariff Penalties Unreasonable Amid Easing Trade Tensions

China firmly rejected responsibility for the U.S. fentanyl crisis on Tuesday, calling Washington's punitive tariffs "unreasonable" even as broader trade tensions between the world's two largest economies show signs of easing.

Wave of Crypto Kidnappings in France Raises Security Alarms, Possibly Impacting Presidential Race

France is witnessing a rising wave of kidnappings aimed at cryptocurrency entrepreneurs. The situation is not only damaging the country's reputation but is also becoming a political issue

The Race to Build AI's Backbone Is On - One Company Is Already in Motion - Ad

Forget apps - AI needs power. This public company is building GPU access, leasing infrastructure, and joining NVIDIA's VC Alliance. And it's still flying under the radar.

Supreme Court declines to reinstate independent agency board members fired by President Donald Trump

WASHINGTON (AP) — The conservative majority on Thursday said President Donald Trump likely has the authority to fire board members, endorsing a robust view of presidential power.

Tight Chart. AI Defense. Undervalued Cybersecurity Setup. - Ad

Chart is coiling. Float is lean. No analyst coverage. A $10M AI-powered human firewall is emerging.

Hewlett Packard, Nvidia Deepen Collaboration On AI Factory Solutions

Hewlett Packard Enterprise enhances NVIDIA AI Computing solutions for full AI lifecycle, with new compute and software offerings and simplified hybrid IT.

1 Must-Buy Stock for Monday June 2nd - Ad

Heads up: Tim Bohen's new algorithm just uncovered a dirt-cheap stock that could DOUBLE or MORE this coming Monday. This powerful algo has already identified Monday moves of 149%, 190%, and even a whopping 536%.

Japan's Honda projects plummeting profits due to Trump's tariffs

TOKYO (AP) — Honda’s profit for the fiscal year through March slipped 24.5% from the previous year, as its vehicle sales in China dropped, and the Japanese automaker warned Tuesday that will worsen its earnings.

Trump Plotting New Lockdown? - Ad

President Trump is plotting another lockdown. It's listed inside the White House's own documents: Federal Register notice 90 FR 4544 to be exact. And while the lockdown could start on THIS date just weeks from now... you've likely never heard a whisper about it.

US investment firm Redbird agrees to buy Britain’s venerable Telegraph newspaper

LONDON (AP) — A consortium led by U.S. investment firm RedBird Capital Partners has agreed to buy the publisher of Britain’s 170-year-old Daily Telegraph newspaper for about 500 million pounds ($674 million), the two sides said Friday.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service