The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.
Oracle stock is higher Wednesday after President Trump announced the $500 billion AI-focused Stargate Project. Here's what you need to know.
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 platform.
Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the company joined an OpenAI-led artificial intelligence (AI) joint venture named Stargate,
President Donald Trump expressed openness to Tesla CEO Elon Musk or Oracle Chairman Larry Ellison acquiring TikTok.
We're learning more about a massive artificial intelligence infrastructure bill announced Tuesday by President Donald Trump.
Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's Sam Altman, Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison, and SoftBank CEO Masayoshi Son unveiled the Stargate Project on Tuesday.
President Donald Trump said he is open to Elon Musk or Oracle (ORCL) Chairman Larry Ellison purchasing TikTok as part of a joint venture with
TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.
OpenAI and SoftBank (OTCPK:SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. The four initial partners â€” OpenAI, SoftBank, Oracle (NYSE:ORCL) and MGX â€” will commit roughly $45B in total,
The market's reaction to the news about Project Stargate was very positive with ARM's stock skyrocketing by as much as 16%. Read my analysis.