Trump Unveils AI Investment Plan with OpenAI, Softbank, Oracle
President Donald Trump 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.
Trump’s AI-infrastructure investment Stargate is a ‘very exciting program,’ Oracle’s Larry Ellison says
Oracle chairman and chief technology officer Larry Ellison joins President Trump to discuss the U.S. Stargate investment.
Oracle stock jumps 7% after report says Trump to announce new $500 billion AI investment
Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.
Oracle Stock Jumps on Reports Trump Could Announce AI Joint Venture
Oracle shares surged Tuesday after reports that President Trump could soon announce an artificial intelligence initiative involving the company.
Trump plans to announce $100bn+ Stargate AI data center investment from OpenAI, SoftBank, and Oracle
President Donald Trump plans to announce an enormous AI infrastructure investment in the US. CBS, NYT, and the Financial Times report that OpenAI, SoftBank, and Oracle aim to set up a joint venture called Stargate, with a plan to commit $100 billion at first and up to $500bn over the next four years.
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 intelligence by a new partnership formed by OpenAI, Oracle and SoftBank
Oracle Stock Surges Ahead Of $500 Billion ‘Stargate’ OpenAI-Trump Deal
The biggest billionaire winner of the first day of trading in Trump’s second term was Larry Ellison, whose net worth jumped over $10 billion as his company’s stock surged.
OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says
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,
Trump, Larry Ellison unveil AI project that'll get start in Texas
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...
Trump Says He’s Open to Elon Musk or Larry Ellison Purchasing TikTok
President Donald Trump said he would be open to billionaire supporter Elon Musk or Oracle Corp. Chairman Larry Ellison purchasing social video app TikTok as part of a joint venture with the US ...
Oracle-NetSuite Deal Wins OK from Delaware Supreme Court
The opinion by Chief Justice Collins J. Seitz Jr. is a victory for the Young Conaway Stargatt & Taylor and Latham & Watkins ...
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Trump in favor of Elon Musk or Larry Ellison buying TikTok
President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social media ...
Oracle-NetSuite Deal Gets OK From Delaware Supreme Court
The opinion by Chief Justice Collins J. Seitz Jr. is a victory for the Young Conaway Stargatt & Taylor and Latham & Watkins ...
Trump says he’s open to Musk or Ellison buying TikTok
Larry, let’s negotiate in front of the media,” Trump said at a press conference with the Oracle co-founder, SoftBank CEO Masa Son, and OpenAI CEO Sam Altman to announce a $500 billion artificial ...
LVMH's Bernard Arnault ousts Larry Ellison as the world's 4th-richest person after gaining $15 billion in one day
Bernard Arnault is outpacing Elon Musk and Mark Zuckerberg in wealth gain this year after signs of a rebound in luxury demand ...