Oracle Soars as Trump Unveils $500 Billion Stargate AI Initiative
Oracle Corporation (NYSE:ORCL) stock increased by 5.7% on market opening today following the announcement of President Donald Trump's ambitious Stargate AI initiative which promises $500 billion for AI infrastructure development while building AI dominance in the U.
The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 ...
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the ...
Ten months ago, we broke the story that OpenAI and Microsoft were discussing “Stargate,” an unprecedented $100 billion data ...
Microsoft has clarified its partnership with OpenAI after the latter announced a $500 billion data center initiative.
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Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI ...
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...
Altman said that a project like Stargate might not have been possible with "a different president." ...
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial ...
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