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Oracle Shares Surge
Oracle surges, chip stocks rise as Trump unveils $500 billion AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
The joint venture, called Stargate, plans to invest $500 billion to help the United States stay ahead of China and other rivals in the global AI race, Trump said at the White House on Tuesday.
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
1h
'White House for sale?' Trump unveils multi-billion-dollar AI venture with OpenAI, SoftBank & Oracle
A closer look at OpenAI CEO Sam Altman after President Trump announces a multi-billion dollar joint venture between Altman's ...
11h
on MSN
Musk Bashes Trump’s New Stargate AI Initiative With OpenAI And Oracle As ‘Fake’—Here’s Why
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
13h
Why Oracle Stock Is Skyrocketing Today
Shares of Oracle ( ORCL 6.75%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained ...
10h
on MSN
OpenAI, Oracle and Softbank team up on multibillion-dollar AI project
President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.
12h
on MSN
SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison
OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.
13h
on MSN
JPMorgan Lends $2.3 Billion for Blue Owl-Tied Oracle Data Center
JPMorgan Chase & Co. is lending $2.3 billion for a data center development in Abilene, Texas, that’s owned by Blue Owl ...
Money Morning
10h
This is Oracle’s Price Target After the Stargate 1 AI Project Announcement
Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, ...
1d
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...
11h
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim To Transform Healthcare
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
12h
on MSN
Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture
Oracle shares soared following news the enterprise software company will team up with OpenAI and SoftBank to build AI ...
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