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. The venture plans to deploy $100 billion immediately,
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The software company has less spending power than other megacap techs, but partnerships and its data-center design give it ...
Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the ...
OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.
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 ...
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Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, ...
JPMorgan Chase & Co. is lending $2.3 billion for a data center development in Abilene, Texas, that’s owned by Blue Owl ...
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
The US equity market is the most expensive it has ever been. After two years of blockbuster gains, most counters appear to be ...
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