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Oracle surges, chip stocks rise
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 Shares Rise 9% After Trump Unveils $500 Billion AI Plan
The joint venture, called Stargate, plans to invest $500 billion, Trump said at the White House the previous day. Oracle shares rose 3% after the closing bell on Tuesday, having finished regular trading up 7%, boosted by reports of the joint venture. Copyright 2025 Thomson Reuters.
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.
AI, SoftBank and Oracle
OpenAI, Oracle, and SoftBank Launch Massive AI Data Center Initiative
The Stargate Project, a joint venture between OpenAI, Oracle, and SoftBank, aims to establish a series of state-of-the-art data centers dedicated to advancing artificial intelligence in the United States.
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.
OpenAI, SoftBank each commit $19 bln to Stargate data center venture, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
9h
on MSN
Oracle Stock and Other AI Datacenter Plays Are Taking Off on Stargate
Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said ...
12h
on MSN
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
1d
Oracle shares jump 7% on involvement in AI infrastructure initiative that Trump will announce
Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will ...
5h
on MSN
Stargate: Artificial Superintelligence in 4 Years?
The $500 billion Stargate artificial intelligence project was officially announced by President Donald Trump at a press ...
7h
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim To Transform Healthcare
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
7h
on MSN
Watch These Oracle Price Levels as Stock Surges on Optimism About AI Joint Venture
Oracle shares soared following news the enterprise software company will team up with OpenAI and SoftBank to build AI ...
1d
White House to Unveil Artificial-Intelligence Infrastructure Investment
The White House is expected to announce a multibillion-dollar investment in American artificial-intelligence infrastructure ...
Hosted on MSN
7h
Oracle unveils new AI agents for sales professionals
US software giant Oracle has launched a new suite of artificial intelligence agents designed to aid sales professionals in ...
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Donald Trump
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