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,
OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.
Shares of Oracle ( ORCL 6.97%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained ...
JPMorgan Chase & Co. is lending $2.3 billion for a data center development in Abilene, Texas, that’s owned by Blue Owl ...
Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, ...
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
Oracle Corporation (NYSE:ORCL) shares are trading higher premarket on Wednesday. On Tuesday, the company disclosed new AI ...
"Customers are strongly advised to apply the January 2025 Critical Patch Update for Oracle Agile PLM Framework as it includes ...
Artificial intelligence (AI) stocks have been some of the best investments to be holding in recent years. Chipmaker Nvidia ...
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