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.
Tech Billionaires Announce ‘Project Stargate’ With Trump, But Where’s Elon?
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.
The project will entail a joint venture between Oracle, Open AI and Softbank with the promise of investing nearly $500 ...
Company created to invest in US-based AI infrastructure for OpenAI is backed by SoftBank, OpenAI, Oracle, and MGX.
Oracle Corporation (NYSE:ORCL) shares are trading higher premarket on Wednesday. On Tuesday, the company disclosed new AI ...
The biggest billionaire winner of the first day of trading in Trump’s second term was Larry Ellison, whose net worth jumped ...
Donald Trump has announced the "Stargate Project." Backed by major tech companies, the project aims to boost AI ...
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...
Stargate is the $500 billion AI Project, announced by President Donald Trump alongside tech leaders aiming to revolutionize U ...
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion ...
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the ...
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