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.
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.
Trump announces $500 billion 'Stargate' AI venture headed by Oracle, OpenAI, SoftBank
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.
Here’s What’s in ‘Stargate,’ the $500-Billion Trump-Endorsed Plan to Power U.S. AI
Tech giants are backing a massive effort, announced by President Trump and dubbed the Stargate Project, to add data centers across the U.S.
OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure. OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate,
Trump announces $500B “Stargate” AI infrastructure project with AGI aims
The goal is to kickstart building more datacenters to expand computing capacity for current and future AI projects, including OpenAI's goal of "AGI," which the company defines as a highly autonomous AI system that "outperforms humans at most economically valuable work.
Oracle Stock Is Taking Off. How Stargate Makes It Trump’s AI Winner.
Oracle stock is poised to reap the benefits of President Trump’s enthusiasm for artificial intelligence, analysts said after the president announced a $500 billion investment in AI infrastructure on Tuesday.
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