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Trump, AI and Oracle
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
The joint venture, called Stargate, plans to invest $500 billion to help the United States stay ahead of China and other rivals in the global AI race, Trump said at the White House on Tuesday.
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.
Why Trump’s AI plan just caused a billionaire slapfight
Elon Musk, the close Trump adviser who has his own AI company and was notably not at the press conference, mocked the effort relentlessly online. “They don’t actually have the money,” he posted on X.
Trump, OpenAI and Oracle
Musk Bashes Trump’s New Stargate AI Initiative With OpenAI And Oracle As ‘Fake’—Here’s Why
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
OpenAI, SoftBank, Oracle to Invest $500 Billion in AI, Trump Says
OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House. Trump said he will help facilitate the project with emergency orders.
What is Stargate, Trump’s new multi-billion-dollar AI initiative?
OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure. President Donald Trump said of the investment: “A resounding
24m
on MSN
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial ...
7h
on MSN
Does Sam Altman Need Donald Trump, or Is It the Other Way Around?
At a press conference capping his first full day back in the White House, Donald Trump stood beside three of the most ...
8h
on MSN
Tech firms in Trump's AI Stargate venture have touted DEI programs, clashing with new executive order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
8h
on MSN
Texas is ground zero for Trump's $500B AI project. Elon Musk isn't happy.
The project backed by Oracle, OpenAI, and SoftBank was announced by President Donald Trump Jan. 21, but it's not without its ...
7h
on MSN
Trump, tech titans unveil $500B Stargate AI investment plan. Could Utah be in the mix?
Utah is among the fastest-growing data center markets in the country thanks to business climate, ‘attractive’ tax breaks ...
LIVE
7h
Trump 2nd term live updates: Trump sending 1,500 troops to southern border
Last month, Trump announced with SoftBank's Son in Mar-a-Lago that SoftBank would invest $100 billion in US projects over the ...
11h
Donald Trump just announced a huge AI plan with Sam Altman. Elon Musk quickly threw cold water on it.
Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the ...
18h
Trump announces $500B AI infrastructure investment: How does Texas play a key role?
Stargate — the joint venture between OpenAI, Softbank and Oracle — is starting its AI infrastructure plans with 10 data ...
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