Trump announces $500 billion 'Stargate' AI venture headed by Oracle, OpenAI, SoftBank
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank
OpenAI, SoftBank, Oracle to invest $500 billion in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure. OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate,
Trump announces $500 billion private investment in AI infrastructure
President Donald Trump announced Tuesday a joint venture called Stargate, which will pump billions of dollars of private funding into artificial intelligence infrastructure in the United States.
Trump announces an up to $500 billion AI infrastructure investment involving OpenAI, Oracle, and SoftBank
OpenAI, Oracle, and SoftBank will create a venture named Stargate, with President Trump calling it "the largest AI infrastructure project in history."
Trump announces partnership that will invest $500b in AI infrastructure
The president says their new entity, Stargate, will make a “tremendous investment” in what he says will be the “largest AI infrastructure project, by far, in history.”
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