Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
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),
SoftBank's Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says
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.
People are buying the wrong stock thinking it's part of OpenAI's Stargate Project
MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate project. There’s just one minor problem — it’s the stock ticker for the wrong MGX.
Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
OpenAI teams up with SoftBank and Oracle on $500B data center project
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
OpenAI, SoftBank among names in Trump's 'Stargate' plans
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Oracle Stock Pops on Massive AI Investment
Software stock Oracle (ORCL) is powering the Nasdaq today amid news of its joint venture with SoftBank and OpenAI
Microsoft relaxes data center grip on OpenAI amid $500 bln joint venture
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.
Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday
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.
Trump announces $500 billion 'Stargate' AI venture headed by Oracle, OpenAI, SoftBank
Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.
SoftBank and Arm weigh acquiring Ampere Computing, source says
Japanese technology investor SoftBank Group and its majority-owned Arm Holdings are exploring a deal for Oracle -backed semiconductor firm Ampere Computing, a person familiar with the matter said on Wednesday.
Oracle Unveils AI-Powered Sales Tools To Boost Customer Engagements: Details
Oracle Corporation (NYSE:ORCL) shares are trading higher premarket on Wednesday. On Tuesday, the company disclosed new AI agents and generative AI features in Oracle Fusion Cloud Sales to enhance sales engagement and streamline processes.
Wall Street Lunch: AI Project Stargate A Go
Project Stargate will see companies like Oracle, SoftBank, MGX, and OpenAI commit an initial $100 billion to build data centers in the U.S.
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S&P 500 Posts a Record High on Tech Strength and AI Optimism
Wednesday closed up +0.61%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.30%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.33%. March E-mini S&P futures (ESH25) are up +0.55%, and March E-mini Nasdaq futures (NQH25) are up +1.