Microsoft relaxes data center grip on OpenAI
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.
Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S.
US President Donald Trump announced that OpenAI, Softbank and Oracle (ORCL.US) will form a joint venture called Stargate with the goal of building AI infrastructure in the US, CBS reported. Trump said that he hopes to retain AI projects within the US and that the US must build power and other facilities swiftly,
Oracle (ORCL) is moving higher by 7% as President Trump is set to announce investments into the private sector in order to build out AI infrastructures through a new partnership venture formed by Oracle,
Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.
Two weeks before taking office, Trump announced a $20 billion investment from Dubai-based billionaire Hussain Sajwani for new data centers across the US.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.
US President Donald Trump announced that OpenAI, Softbank and Oracle (ORCL.US) will form a joint venture called Stargate with the goal of building AI infrastructure in the US, CBS reported. Trump said that he hopes to retain AI projects within the US and that the US must build power and other facilities swiftly,
President Trump on Tuesday announced a joint venture to fund artificial intelligence infrastructure worth billions of dollars with the leaders of Softbank Group Corp., OpenAI LLC, and Oracle Corp., an effort aimed at speeding development of the emerging technology.
Shares of SoftBank Group Corp. jumped as much as 8.1% after US President Donald Trump announced a multi-billion dollar push by the Japanese company, OpenAI and Oracle Corp. to build AI infrastructure in the US.