Iran Dismisses US Sanctions of Iranians over Alleged Kidnap Plot

Iran dismissed new US sanctions on four Iranians over an alleged plot to kidnap an Iranian-American journalist. (Reuters)
Iran dismissed new US sanctions on four Iranians over an alleged plot to kidnap an Iranian-American journalist. (Reuters)
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Iran Dismisses US Sanctions of Iranians over Alleged Kidnap Plot

Iran dismissed new US sanctions on four Iranians over an alleged plot to kidnap an Iranian-American journalist. (Reuters)
Iran dismissed new US sanctions on four Iranians over an alleged plot to kidnap an Iranian-American journalist. (Reuters)

Iran on Saturday dismissed new US sanctions on four Iranians over an alleged plot to kidnap an Iranian-American journalist, saying the move reflects Washington’s “addiction to sanctions”.

The US Treasury Department on Friday sanctioned the four, saying they were intelligence operatives behind the failed plot.

“Supporters and merchants of sanctions, who see their sanctions tool box empty due to Iran’s maximum resistance, are now resorting to Hollywood scenarios to keep the sanctions alive,” the Foreign Ministry said in a tweet, quoting spokesman Saeed Khatibzadeh.

“Washington must understand that it has no choice but to abandon its addiction to sanctions and respect Iran,” he said.

The sanctions come after US prosecutors in July charged the four with plotting to kidnap a New York-based journalist who was critical of Tehran. Reuters previously confirmed she was Iranian-American journalist Masih Alinejad.

Iran at the time called the alleged plot “ridiculous and baseless.”

Those sanctioned are senior Iran-based intelligence official Alireza Shahvaroghi Farahani and Iranian intelligence operatives Mahmoud Khazein, Kiya Sadeghi and Omid Noori, the Treasury Department said.

The sanctions block all property of the four in the United States or in US control, and prohibit any transactions between them and US citizens. Other non-Americans who conduct certain transactions with the four could also be subjected to US sanctions, the department said.



Trump Announces Private-sector $500 Billion Investment in AI Infrastructure

US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
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Trump Announces Private-sector $500 Billion Investment in AI Infrastructure

US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL
US President Donald Trump (L) gives remarks on artificial intelligence (AI) Infrastructure as Larry Ellison (2-L), Chief technology officer of Oracle, Masayoshi Son (2-R), CEO of SoftBank, Sam Altman (R), CEO of OpenAI look on in the Roosevelt Room of the White House in Washington, DC, USA, 21 January 2025. EPA/AARON SCHWARTZ / POOL

US President Donald Trump on Tuesday announced a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business-critical technology.
Trump said that ChatGPT's creator OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,000 jobs in the United States, Reuters reported.
These companies, along with other equity backers of Stargate, have committed $100 billion for immediate deployment, with the remaining investment expected to occur over the next four years.
SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Chairman Larry Ellison joined Trump at the White House for the launch.
The first of the project's data centers are already under construction in Texas, Ellison said at the press conference. Twenty will be built, half a million square feet each, he said. The project could power AI that analyzes electronic health records and helps doctors care for their patients, Ellison said.
The executives gave Trump credit for the news. "We wouldn't have decided to do this," Son told Trump, "unless you won."
"For AGI to get built here," said Altman, referring to more powerful technology called artificial general intelligence, "we wouldn't be able to do this without you, Mr. President."
It was not immediately clear whether the announcement was an update to a previously reported venture.
In March 2024, The Information, a technology news website, reported OpenAI and Microsoft were working on plans for a $100 billion data center project that would include an artificial intelligence supercomputer also called "Stargate" set to launch in 2028.
POWER-HUNGRY DATA CENTERS
The announcement on Trump's second day in office follows the rolling back of former President Joe Biden's executive order on AI, that was intended to reduce the risks that AI poses to consumers, workers and national security.
AI requires enormous computing power, pushing demand for specialized data centers that enable tech companies to link thousands of chips together in clusters.
"They have to produce a lot of electricity, and we'll make it possible for them to get that production done very easily at their own plants if they want," Trump said.
As US power consumption rises from AI data centers and the electrification of buildings and transportation, about half of the country is at increased risk of power supply shortfalls in the next decade, the North American Electric Reliability Corporation said in December.
As a candidate in 2016, Trump promised to push a $1 trillion infrastructure bill through Congress but did not. He talked about the topic often during his first term as president from 2017 to 2021, but never delivered on a large investment, and "Infrastructure Week" became a punchline.
Oracle shares were up 7% on initial report of the project earlier in the day. Nvidia, Arm Holdings and Dell shares also rose.
Investment in AI has surged since OpenAI launched ChatGPT in 2022, as companies across sectors have sought to integrate artificial intelligence into their products and services.