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Oracle stock climbs 7% as Trump is expected to announce its joint AI venture with OpenAI and Softbank
Oracle (ORCL) stock closed up by more than 7% on Tuesday amid reports of a joint venture with OpenAI and Softbank (SFTBY).
Oracle stock jumps as Trump announces new $500 billion AI investment with OpenAI, SoftBank
Oracle (ORCL) stock jumped 7% on Tuesday — and continued its ascent in after-hours trading — as President Donald Trump announced it would be part of a $500 billion investment in AI infrastructure with other leading tech companies.
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.
Trump announces largest AI infrastructure project 'in history' involving Softbank, OpenAI and Oracle
President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.
Trump to announce private sector AI infrastructure investment, CBS reports
OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, the report added, saying SoftBank CEO Masayoshi Son, OpenAI's Sam Altman and Oracle's Larry Ellison are due at the White House later on Tuesday.
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.
Oracle shares jump 6% on involvement in AI infrastructure initiative that Trump will announce
Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.
23m
on MSN
Project Stargate: Trump Plots With Larry Ellison, Sam Altman On $500B AI Initiative
Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray ...
1h
on MSN
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 ...
3h
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 ...
1h
on MSN
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 ...
2h
on MSN
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.
9h
Oracle's NetSuite Purchase Win Secured by Delaware Supreme Court
Oracle Corp.‘s 2016 acquisition of NetSuite Inc. was safeguarded Tuesday, with the Delaware Supreme Court upholding a trial ...
Investing
1h
Trump open to letting Elon Musk or Larry Ellison buy TikTok
Investing.com-- President Donald Trump said on Tuesday that he would be open to letting Tesla (NASDAQ: TSLA) CEO Elon Musk or ...
7h
AI Daily: Trump revokes Biden executive order on addressing AI risks
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this ...
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