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 ...
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment ...
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the ...
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...
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Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...
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Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI ...
Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in the United States.
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion ...
Working alongside companies such as OpenAI and Softbank, Trump's new Stargate project aims to herald the "golden age" of AI.
Stargate, a Donald Trump-endorsed venture between OpenAI, Oracle, and SoftBank, will see $500 billion invested into the U.S.
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