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Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank

Key Takeaways President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S. The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative, called Stargate.  Oracle shares surged Tuesday ahead of the

Trump Announces $500B AI Joint Venture With Oracle, OpenAI, and SoftBank

Key Takeaways President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S. The companies said they would commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative, called Stargate.  Oracle shares surged Tuesday ahead of the