Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the development of a cancer vaccine.
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
Oracle stock surged Wednesday, as other AI stocks rallied, after President Donald Trump unveiled the Stargate AI infrastructure project with OpenAI and SoftBank. President Trump led a press conference with OpenAI Chief Executive Sam Altman,
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
On his second day in office, President Donald Trump shook up the tech world when he announced Stargate, a $500 billion investment into infrastructure for artificial intelligence (AI). Oracle (ORCL), SoftBank (SFTBY),
Oracle's shares jumped on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank. Lisa Bernhard has more. Is Meloni Europe's new 'Trump whisperer'?
The US president says Stargate will build the physical and virtual infrastructure to power the next generation of advancements in AI.
The United States has taken another step toward cementing its leadership in artificial intelligence (AI) with the announcement of an ambitious $500 billion project spearheaded by President Donald Trump.
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.
Microsoft won’t be the sole cloud provider for OpenAI but can decide whether to deliver the capacity or allow another company to do it.
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.
Discover why Oracle stock is soaring, from AI projects like Stargate to cloud computing growth. Learn what’s driving its rise in 2025.