Oracle and Other AI Data-Center Shares Are Soaring on Stargate
Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said after he announced Tuesday a $500 billion investment in AI infrastructure.
OpenAI and Softbank team up for a $500 billion AI data center venture
OpenAI will build and open AI infrastructure worth $500 billion in the United States over the next four years in partnership with SoftBank. The two entities have teamed up to establish a new company called the Stargate Project to build AI data centers for the ChatGPT maker,
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.
SoftBank, OpenAI, And Others To Launch $500 Bln AI Data Center Company 'Stargate'
Leading technology companies have revealed plans to form a new company, named Stargate, with the goal of enhancing the AI
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.
SoftBank and OpenAI Lead $19B Investments in Stargate AI Initiative
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative focused on AI data centers, The Information reports. OpenAI and SoftBank will each hold a
Musk Is Bashing Trump’s New Stargate AI Initiative With OpenAI And Oracle—Here’s Why
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
Trump, tech titans unveil $500B Stargate AI investment plan. Could Utah be in the mix?
Utah is among the fastest-growing data center markets in the country thanks to business climate, ‘attractive’ tax breaks ...
Tech firms in Trump's AI Stargate venture have touted DEI programs, clashing with new executive order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim To Transform Healthcare
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
$500-Bn Stargate Project To Fortify US With New AI Infrastructure
In a groundbreaking move, at the Trump inauguration, OpenAI on Wednesday announced a new company called the Stargate Project, ...
What is Stargate, Trump’s new multi-billion-dollar AI initiative?
OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure.
OpenAI’s Stargate may be tech’s biggest gamble ever, but here’s what’s really at stake
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
Stock Market Today: Stargate Lifts Oracle And Nvidia; Nasdaq Laps Other Indexes (Live Coverage)
Artificial intelligence (AI) stocks have been some of the best investments to be holding in recent years. Chipmaker Nvidia ...
What to know about the Stargate AI infrastructure announcement
The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs ...
Heard on the Street: Stargate Sends Oracle’s Valuation Back Into Orbit
Project Stargate is good news for several major tech companies. The timing is particularly good for Oracle. The ambitious AI infrastructure venture unveiled at the White House named Oracle, with Op ...
What to Know About ‘Stargate,’ OpenAI’s New Venture Announced by President Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the ...
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s ...