Following his inauguration, President Donald Trump unveiled what he calls “the largest AI infrastructure project in history.” Dubbed Stargate, the $500 billion joint venture between OpenAI, Oracle (ORCL),
President Donald Trump unveiled a $500 billion private joint venture to leapfrog U.S. dominance over artificial intelligence. Called Stargate, the project brings together Oracle (NASDAQ:ORCL), one of the world’s biggest data center operators,
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.
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.
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
Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”
President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social media platform.
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.
"In my opinion, TikTok should not be banned in the USA, even though such a ban may benefit the X platform,” Elon Musk wrote on X in April. "Doing so would be contrary to freedom of speech and expression. It is not what America stands for." To note, a TikTok spokesperson told the BBC that the Bloomberg report was "pure fiction."
The owners behind TikTok and other Chinese officials are debating what to do in the event that the U.S. Supreme Court upholds a law that would force a sale or ban TikTok in the U.S. Things are looking like they might be ruled that way,
We recently published an article titled Jim Cramer Discusses These 18 Stocks & President Trump’s $500 Billion AI Plan. In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against the other stocks Jim Cramer recently discussed.