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.
Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the ...
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray ...
President Donald Trump will announce a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI ...
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build ...
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial ...
OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, ...
The president said he’s also open to another tech giant to acquire TikTok: Larry Ellison, co-founder of Oracle. Ellison was ...
The order will direct the Attorney General to not enforce the law, after TikTok was slated to be shut down on January 19.
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