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Trump, AI and Oracle
Oracle surges, chip stocks rise as Trump unveils $500 billion 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.
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.
Why Trump’s AI plan just caused a billionaire slapfight
Elon Musk, the close Trump adviser who has his own AI company and was notably not at the press conference, mocked the effort relentlessly online. “They don’t actually have the money,” he posted on X.
SoftBank Joins OpenAI, Oracle
'White House for sale?' Trump unveils multi-billion-dollar AI venture with OpenAI, SoftBank & Oracle
A closer look at OpenAI CEO Sam Altman after President Trump announces a multi-billion dollar joint venture between Altman's company, SoftBank and Oracle, and why it's already drawing the ire of major Trump ally Elon Musk.
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.
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
12h
on MSN
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.
Gulf Business on MSN
5m
Oracle boosts UAE cloud capacity fivefold as GCC embraces AI
The appetite for cloud growth and AI capabilities in the region is "phenomenal", says Oracle’s executive vice president for ...
Money Morning
11h
This is Oracle’s Price Target After the Stargate 1 AI Project Announcement
Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, ...
14h
Why Oracle Stock Is Skyrocketing Today
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 ...
14h
on MSN
JPMorgan Lends $2.3 Billion for Blue Owl-Tied Oracle Data Center
JPMorgan Chase & Co. is lending $2.3 billion for a data center development in Abilene, Texas, that’s owned by Blue Owl ...
12h
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 ...
1d
Oracle rolls out AI agents for sales professionals
Oracle on Tuesday released a new set of artificial intelligence agents to help salespeople with a range of tasks around ...
13h
on MSN
Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture
Oracle shares soared following news the enterprise software company will team up with OpenAI and SoftBank to build AI ...
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