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.
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
Netflix stock soars on better-than-expected results, U.S. stock futures gain as investors evaluate moves by President Donald Trump, and Oracle shares jump on major AI infrastructure investment with OpenAI,
Google LLC, a division of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), has announced spending an additional $1 billion on the artificial intelligence startup Anthropic, a significant OpenAI competitor,
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.
Oracle Corporation stock price is soaring, fueled by excitement over a transformative initiative in artificial intelligence infrastructure.
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,
Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.
Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the company joined an OpenAI-led artificial intelligence (AI) joint venture named Stargate,
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.