Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor ...
Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.
OpenAI’s plan to build new data centers will get no government subsidies and is in fact already well underway.