Oracle surges, chip stocks rise as Trump unveils $500 bln 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 .
Trump announces an AI infrastructure investment of up to $500 billion involving OpenAI, Oracle, and SoftBank
President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."
OpenAI, Oracle, Softbank Vow to Invest $500B in US AI Infrastructure
OpenAI, Oracle and Soffbank pledged to build up to $500 billion worth of data centers in the U.S. after a President Trump-brokered Stargate joint venture deal.
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 intelligence infrastructure.
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.
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.
Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money
Despite investing almost $14 billion in OpenAI and using the startup’s AI models for its next-generation cloud services, Microsoft was mentioned only as a technology partner in a joint venture called Stargate launched by OpenAI,
Oracle Stock Surges As Trump Unveils Stargate AI Plan With OpenAI, SoftBank
Oracle stock surged Wednesday, as other AI stocks rallied, after President Donald Trump unveiled the Stargate AI infrastructure project with OpenAI and SoftBank. President Trump led a press conference with OpenAI Chief Executive Sam Altman,
OpenAI and Partners Launch $500 Billion ‘Stargate Project' to Transform AI Infrastructure
OpenAI, SoftBank, and Oracle launch unprecedented $500 billion initiative to build AI infrastructure across America, starting with Texas data centers.
Open AI, Oracle, and SoftBank to invest $500 billion in 'Stargate' AI project
Stargate, a joint venture between Open AI, Oracle, and SoftBank, will invest $500 billion in building AI infrastructure across the U.S.
How Oracle Plays Cheaply in AI
The software company has less spending power than other megacap techs, but partnerships and its data-center design give it ...
First data center for Trump administration's Stargate AI initiative coming to Abilene
Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 ...
Trump's AI deal fueling early cancer detection: Oracle's Larry Ellison
Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the ...
Oracle Unveils AI-Powered Sales Tools To Boost Customer Engagements: Details
Oracle Corporation (NYSE:ORCL) shares are trading higher premarket on Wednesday. On Tuesday, the company disclosed new AI ...
Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday
Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s ...
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 ...
Oracle Takes Run at Cloud’s Big Three With Trump-Backed AI Pact
Oracle Corp. has charged out of the gate in 2025, after its best year in a quarter-century. A plan unveiled with President ...
Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture
Key Takeaways Oracle shares soared Wednesday for the second straight session as investors reacted to news that the enterprise ...