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Oracle surges, chip stocks rise

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.

Forbes · 3h

Trump’s AI Push: Understanding The $500 Billion Stargate Initiative

The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.

Reuters on MSN · 16h

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.

SoftBank Joins OpenAI, Oracle

Hosted on MSN · 18h

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.

Business Insider on MSN · 1d

Trump announces an AI infrastructure investment of up to $500 billion involving OpenAI, Oracle, and SoftBank

President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."

Bloomberg on MSN · 19h

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.

22h

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

AI Joint Venture: US Announces Project Will Provide $500 Billion for Infrastructure

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

19h

Stargate AI Project: The $500 Billion Gamble To Dominate The Future

The $500 billion AI project that President Trump announced on Monday brings together OpenAI, Oracle and SoftBank to try to ...

17hon MSN

Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...

14hon MSN

What to know about the Stargate AI infrastructure announcement

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs ...

Trump Launches $500 Billion AI Initiative in the Heart of America’s Oil Country

Donald Trump announced a $500 billion investment in AI infrastructure, backed by major tech companies, to boost American AI leadership and create jobs.

1don MSN

US tech giants announce AI plan worth up to $500bn

Microsoft, one of the OpenAI's major backers, said earlier this month it was on track to invest $80bn to build out AI-powered ...

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