President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.
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Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.
OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Chairman of Oracle appeared is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce a massive private sector investment in artificial intelligence infrastructure in the United States.
Project Stargate launches with $100B AI investment, aiming for $500B, as big tech races to dominate AI infrastructure
Project Stargate, led by Oracle, SoftBank, and others, aims to build $500 billion in U.S. data centers, starting in Texas, boosting AI investments. Procter & Gamble and Johnson & Johnson reported ...
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.
Read here for more on investment opportunities in AI infrastructure and energy sector with President Trump's 'Stargate' initiative and Vistra Corp's strong financials.
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),
Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what you need to know.
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.