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Oracle surges, chip stocks rise
Oracle Takes Run at Cloud’s Big Three With Trump-Backed AI Pact
Oracle Corp. has charged out of the gate in 2025, after its best year in a quarter-century. A plan unveiled with President Donald Trump has intensified hopes that its cloud business will see a tailwind from artificial intelligence.
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
The joint venture, called Stargate, plans to invest $500 billion to help the United States stay ahead of China and other rivals in the global AI race, Trump said at the White House on Tuesday.
Oracle surges, chip stocks rise as Trump unveils $500 billion AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank.
Oracle, Stargate and AI
This is Oracle’s Price Target After the Stargate 1 AI Project Announcement
Stargate 1 project is a massive $500 billion AI infrastructure initiative in collaboration with tech giants like OpenAI, Oracle and Microsoft. The groundbreaking project aims to create the largest AI supercomputer, dubbed "Stargate," which is set to be launched by 2028.
'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Stargate: How Microsoft can benefit from Softbank, OpenAI and Oracle’s $500 billion-joint AI project with zero money
Despite investing almost $14 billion in OpenAI and using the startup’s AI models for its next-generation cloud services, Microsoft was mentioned only as a technology partner in a joint venture called Stargate launched by OpenAI,
11h
on MSN
How Oracle Plays Cheaply in AI
The software company has less spending power than other megacap techs, but partnerships and its data-center design give it ...
11h
on MSN
Trump's AI deal fueling early cancer detection: Oracle's Larry Ellison
Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the ...
4h
Oracle Corporation (ORCL): Must-Watch High-Flying AI Stock This Week
The US equity market is the most expensive it has ever been. After two years of blockbuster gains, most counters appear to be ...
1d
Why Oracle Stock Is Skyrocketing Today
Shares of Oracle ( ORCL 6.75%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained ...
17h
'White House for sale?' Trump unveils multi-billion-dollar AI venture with OpenAI, SoftBank & Oracle
A closer look at OpenAI CEO Sam Altman after President Trump announces a multi-billion dollar joint venture between Altman's ...
1d
on MSN
Musk Bashes Trump’s New Stargate AI Initiative With OpenAI And Oracle As ‘Fake’—Here’s Why
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
1d
on MSN
JPMorgan Lends $2.3 Billion for Blue Owl-Tied Oracle Data Center
JPMorgan Chase & Co. is lending $2.3 billion for a data center development in Abilene, Texas, that’s owned by Blue Owl ...
SecurityWeek
1d
Oracle Patches 200 Vulnerabilities With January 2025 CPU
Oracle has released 318 new security patches to address roughly 200 unique CVEs as part of its025 Critical Patch Update.
1d
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 ...
7h
on MSN
Oracle and Other AI Stocks Fall. Why Trump’s $500 Billion Funding Project Isn’t a Silver Bullet.
Shares in artificial intelligence data-center companies fell Thursday—the president’s $500 billion spending drive might raise ...
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