The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.
We recently compiled a list of the Top 12 Trending AI Stocks on Latest News and Ratings. In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against the other trending AI stocks.
Following his inauguration, President Donald Trump unveiled what he calls “the largest AI infrastructure project in history.” Dubbed Stargate, the $500 billion joint venture between OpenAI, Oracle (ORCL),
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.
President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.
Oracle (ORCL) shares surged nearly 9% in pre-market ... Initial construction of data centers has already begun in Texas. Stargate venture to invest $500 billion over four years.
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.
AI initiative Stargate, backed by Oracle, OpenAI, and SoftBank, will focus on infrastructure, starting with data centers in Texas.
Project Stargate launches with $100B AI investment, aiming for $500B, as big tech races to dominate AI infrastructure
Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, Oracle, OpenAI, and Abu Dhabi's MGX involved.
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.