Oracle Stock Surges on Trump's Stargate Project
Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what you need to know.
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 .
Oracle Stock Surges Pre-Market On Joining $500B Stargate AI Project Announced By Trump: Retail Turns Euphoric
Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the company joined an OpenAI-led artificial intelligence (AI) joint venture named Stargate,
Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
What Is the Trump-Backed Stargate AI Project and Why Is It Controversial?
Trump this week announced a venture between OpenAI, the maker of ChatGPT, Oracle and SoftBank that will invest up to $500 billion aimed at ramping up artificial intelligence infrastructure like data centers and power generation to meet the vast demands of AI processing.
Trump-Back Stargate AI Project Spawns Altman-Musk Clash
The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.
Trump Trade: Musk plays down Stargate AI investment announcement
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OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
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Trump, corporate heavyweights unveil AI project that'll get start in Texas
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...
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Oracle (ORCL) Leads Tech Rally After Trump’s $500 Billion AI Push
Oracle (ORCL) shares surged nearly 9% in pre-market trading on Wednesday following President Donald Trump’s announcement of a $500 billion artificial intelligence (AI) infrastructure investment ...
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Trump announces $500 billion 'Stargate' AI venture headed by Oracle, OpenAI, SoftBank
President Donald Trump on Tuesday announced a new $500 billion private sector investment to build artificial intelligence infrastructure in the US, with Oracle (ORCL), ChatGPT creator OpenAI ...
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Trump Says He’s Spoken To ‘Many People’ About TikTok Sale—But Not Oracle
Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated ...
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 ...