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OpenAI, SoftBank to each commit $19B to Stargate Project

OpenAI, SoftBank to each commit $19B to Stargate Project: report

OpenAI and SoftBank (OTCPK:SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. The four initial partners — OpenAI, SoftBank, Oracle (NYSE:ORCL) and MGX — will commit roughly $45B in total,

Business Insider · 14h

OpenAI’s Stargate represents shift away from Microsoft, WSJ reports

Microsoft’s (MSFT) absence from OpenAI’s Stargate announcement follows months of tension between the two companies and signals an era where the

Bloomberg on MSN · 23h

SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports

SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.

Donald Trump, AI and Oracle

Reuters · 2d

OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.

U.S. News & World Report · 2d

OpenAI, SoftBank, Oracle to Invest $500 Billion in AI, Trump Says

OpenAI, SoftBank (9984.T), and Oracle (ORCL.N) will form a joint venture called Stargate, with a plan to invest $500 billion, Trump said at the White House. Trump said he will help facilitate the project with emergency orders.

HuffPost · 1d

Trump Highlights Partnership Investing $500 Billion In AI: 'It's Big Money'

President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and SoftBank of up to $500 billion for infrastructure tied to artificial intelligence.

Oracle, AI and Stargate

Benzinga.com · 1d

Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.

Barron's on MSN · 1d

Oracle Stock and Other AI Datacenter Plays Are Taking Off on Stargate

Oracle stock is poised to reap the benefits of President Donald Trump’s enthusiasm for artificial intelligence, analysts said after Trump announced a $500 billion investment in AI infrastructure on Tuesday.

Seeking Alpha · 12h

Oracle: Time To Bet Big On $500 Billion Stargate Stardom

Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.

14hon MSN

OpenAI's Sam Altman Flip Flops On Trump After $500 Billion Stargate AI Project, Says 'I Wish I Had Done More Of My Own Thinking'

Sam Altman, CEO of OpenAI, has publicly expressed his support for President Donald Trump. This revelation comes years after ...

Money Morning4h

3 Stocks to Buy After Trump’s Stargate Announcement

The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and ...

Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint ...

1don MSN

Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday

Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s ...

14h

Musk undermines Trump’s Stargate AI investment announcement, CNBC reports

Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge ...

Zacks.com on MSN1d

Oracle (ORCL) Moves 7.2% Higher: Will This Strength Last?

Oracle (ORCL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings ...

Trump, corporate heavyweights unveil AI project that'll get start in Texas

The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...

This Police Technology Stock Targets New Entry After Stunning 130% Run

This law enforcement technology stock is branching out into AI. It is also looking to add to gains after posting stunning returns in 2024.

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