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 ...
Oracle Rises, But 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 ...
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 ...
Focus: Behind $500 billion AI data center plan, US startups jockey with tech giants
This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing ...
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s ...
US Government, Tech Giants Launch $500 Billion AI-Driven Infrastructure Initiative
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
Washington Technology14h
Industry launches $100B AI-infrastructure effort to keep ahead of China
Oracle, OpenAI, and investors in Japan and the UAE have launched a $100 billion effort to build data centers to run AI ...
NuScale, Oklo and Other Nuclear Stocks Soar on Anticipation of AI's Growing Energy Needs
Nuclear energy stocks roared higher Thursday, extending gains earlier in the week amid expectations of growing energy demand ...
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing ...
NextBigFuture3h
How Much Money, GPUs and Gigawatts for Needed for $500 Billion of Stargate AI Data Centers?
There has been the controversial announcement what is called a $500 billion AI project in the USA. There is controversy about how much funding is in the ...
American Banker1h
Trump ditched Biden's executive order on AI. What changes?
On Monday, when President Donald Trump revoked the Executive Order on Artificial Intelligence former President Joe Biden established in October 2023, it was truly gone. Any attempt to click on a link ...