Quantum computing stocks popped Tuesday, Jan. 21 in response to President Donald Trump’s newly announced Stargate program. The joint venture between Oracle (ORCL), SoftBank (SFTBY), and OpenAI is intended to invest $500 billion into artificial intelligence (AI) infrastructure in the U.
Yesterday the world of AI and stocks in the sector changed as President Donald Trump announced the formation of Stargate , a new $500 billion joint venture deal to build artificial intelligence infrastructure in the US, with Oracle ( NYSE:ORCL ), ChatGPT creator OpenAI, and Japanese conglomerate SoftBank all at the table ..
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.
President Donald Trump has announced a new 'Stargate' initiative focused on expanding artificial intelligence data center infrastructure across the United States. The venture includes partnerships with major tech players like OpenAI,
Trump's first day saw a barrage of executive orders, 26 in total, that are a record for a President's first day. Click here for more insights.
President Donald Trump said he is open to Elon Musk or Oracle (ORCL) Chairman Larry Ellison purchasing TikTok as part of a joint venture with
President Donald Trump expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring TikTok.
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.
On his second day in office, President Donald Trump shook up the tech world when he announced Stargate, a $500 billion investment into infrastructure for artificial intelligence (AI). Oracle (ORCL), SoftBank (SFTBY),
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.