Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor ...
Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the ...
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
OpenAI’s plan to build new data centers will get no government subsidies and is in fact already well underway.