Trump AI Mission, Amazon $50B Gov Investment, Banking Agents

Welcome to today's edition of AI Business Weekly. The U.S. government is going all-in on artificial intelligence, with President Trump launching the Genesis Mission to harness federal scientific data and Amazon committing up to $50 billion to build purpose-built AI infrastructure for government agencies. As Washington races to maintain America's AI leadership through unprecedented public-private partnerships, the private sector continues deploying AI into high-stakes domains from investment banking workflows to hedge fund trading strategies. Today's stories reveal a coordinated push to establish AI dominance at the national level while specialized applications penetrate industries where errors carry massive consequences. Let's dive in.

President Trump signed an executive order Monday launching the Genesis Mission, a government-wide effort to build an integrated AI platform that harnesses federal scientific datasets to train next-generation technologies. The initiative aims to transform scientific research by using massive government data to train foundation models and create AI agents that automate research workflows and accelerate breakthroughs. The order represents the most aggressive federal push yet to leverage government's vast data assets spanning climate science, healthcare research, energy systems, and defense applications for AI development. Read more

Amazon Web Services will build the first-ever AI and high-performance computing infrastructure purpose-built for the U.S. government, with investments reaching up to $50 billion. The commitment will add nearly 1.3 gigawatts of compute capacity across AWS Top Secret, AWS Secret, and AWS GovCloud regions at all classification levels. The infrastructure expansion positions Amazon as the primary cloud provider for federal AI initiatives and reflects growing government recognition that AI leadership requires commercial cloud capabilities at classified levels. Read more

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Eros Innovation closed approximately $150 million in capital and strategic acquisitions as it transforms into an AI-driven media and entertainment platform now valued at $2 billion. The transactions include a $50 million primary investment led by Plenitude Capital and roughly $100 million in creative and technology acquisitions spanning film, music, and AI-related assets. Read more

Model ML raised $75 million in a major Series A led by FT Partners to build AI agents that automate investment banking documents and workflows. The company plans expansion across global financial hubs including London and Hong Kong as it tackles creating pitch books, financial models, and transaction documents that currently require armies of analysts. Read more

Numerai raised $30 million led by major university endowments at a $500 million valuation, marking a five-fold increase since 2023. The company operates an AI-powered hedge fund that aggregates insights from thousands of data scientists worldwide, blending their models into a Meta Model that informs trading strategies across global equities. Read more

Today's announcements reveal a coordinated strategy to maintain American AI dominance through unprecedented government-private sector fusion. Trump's Genesis Mission unlocks federal scientific datasets as training fuel while Amazon commits $50 billion to build the classified infrastructure needed to use it. This isn't government trying to compete with Silicon Valley. It's Washington recognizing that whoever controls the combination of massive datasets, computational power, and capital will define the next technological era. The simultaneous funding of AI agents for investment banking and hedge funds shows how quickly validated AI applications attract serious capital once they prove capable in high-stakes environments. The pattern is clear: build infrastructure first, deploy in critical systems second, prove ROI third. Whether federal scientific breakthroughs justify these investments or whether we're watching another round of premature scaling remains the central question. For now, the U.S. government has made its bet with executive orders and tens of billions in commitments.