Oracle Soars as Trump Unveils $500 Billion Stargate AI Initiative
Oracle Corporation (NYSE:ORCL) stock increased by 5.7% on market opening today following the announcement of President Donald Trump's ambitious Stargate AI initiative which promises $500 billion for AI infrastructure development while building AI dominance in the U.
Oracle shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a ...
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build ...
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 ...
President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data ...
Microsoft has lost its role as the only provider of cloud computing capacity even though it is the largest investor in OpenAI, having allocated $13 billion U.S. to the privately held start-up.
Selling to the U.S. "could be much bigger than we thought," Reitzes wrote, noting that most of the Stargate spending seems incremental to Nvidia. By his math, even $20 billion in additional spending ...
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