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Oracle shares rise 9% after Trump unveils $500 bln AI plan
Oracle shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, together with OpenAI and SoftBank .
Oracle Shares Rise 9% After Trump Unveils $500 Billion AI Plan
The joint venture, called Stargate, plans to invest $500 billion, Trump said at the White House the previous day. Oracle shares rose 3% after the closing bell on Tuesday, having finished regular trading up 7%, boosted by reports of the joint venture. Copyright 2025 Thomson Reuters.
Trump unveils $500 billion investment to build AI infrastructure in the US
Trump has announced a major investment to build infrastructure for artificial intelligence led by Japanese giant Softbank, Oracle and ChatGPT-maker OpenAI.
Interesting Engineering on MSN
56m
Trump plans $500 billion AI power to defeat diseases, enemies at ‘unprecedented’ rate
Named the Stargate Project, this ambitious endeavor involves a collaboration between OpenAI, SoftBank, and Oracle. With an ...
12h
Trump revokes Biden executive order on addressing AI risks
U.S. President Donald Trump on Monday revoked a 2023 executive order signed by Joe Biden that sought to reduce the risks that ...
10h
on MSN
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Goldman Sachs is rolling out a generative AI assistant to its bankers, traders and asset managers, the first stage in the ...
NBC Los Angeles
1h
AI is the hot topic at Davos this year — here's what the top CEOs are saying
At the World Economic Forum’s annual gathering in Davos, AI is the word that’s been on every major corporate leader’s lips.
9h
on MSN
Trump announces up to $500 billion investment to build AI infrastructure
President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the ...
1d
Prediction: Donald Trump's Presidency Will Fuel a Greater Than $4 Trillion Investment -- and It Has Nothing to Do With Artificial Intelligence (AI)
Though Trump is set to reshape the future of AI in America, there's another corporate investment set to take off under his ...
TweakTown
16h
OpenAI's new 'Operator' touted as the next breakthrough in artificial intelligence
OpenAI's CEO Sam Altman is adamant AI agents are the next big breakthrough with artificial intelligence, which will automate ...
2d
3 Millionaire-Maker Artificial Intelligence (AI) Stocks
Artificial intelligence (AI) has been referred to as a generational opportunity by leadership at some of the top tech ...
2d
Better Artificial Intelligence (AI) Stock for 2025: Nvidia vs. Microsoft
But will Nvidia continue to outperform Microsoft in 2025? Let's find out.
4h
on MSN
Trump announces a $500 billion AI infrastructure investment in the US
OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Chairman of Oracle appeared is set to appear at the White House Tuesday afternoon alongside President Donald Trump and other tech CEOs to announce ...
8h
on MSN
Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the ...
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