OpenAI CEO Sam Altman speaks at the White House as a major investment deal between Oracle, SoftBank, and OpenAi is announced on January 21, 2025.Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL),

The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE:ORCL), and Abu Dhabi’s MGX.

Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

Live Updates Make sure to refresh this page periodically for updates. Earnings to Watch Today 9:37 am Here are some earnings to watch this morning. We’ll provide updates on other market movers as the day progresses.

Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.

GoFundMe, the crowdfunding website where people can quickly raise money to help others, has generated more than $100 million for those impacted by the Los Angeles wildfires. The sum, pledged in the wake of the fires that erupted on Jan.

Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in the United States. Among the big companies involved in the project are OpenAI,

Yesterday the world of AI and stocks in the sector changed as President Donald Trump announced the formation of Stargate , a new $500 billion joint venture deal to build artificial intelligence infrastructure in the US, with Oracle ( NYSE:ORCL ), ChatGPT creator OpenAI, and Japanese conglomerate SoftBank all at the table ..

Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank .

President Donald Trump has announced a new 'Stargate' initiative focused on expanding artificial intelligence data center infrastructure across the United States. The venture includes partnerships with major tech players like OpenAI,