Key Takeaways Oracle shares surged Tuesday after reports that President Trump could soon announce an artificial intelligence initiative involving the software maker.Trump is expected to announce a joint venture involving Oracle,

Microsoft (NASDAQ:MSFT), and Arm Holdings (NASDAQ:ARM) rallied after announcing a groundbreaking $500 billion artificial intelligence initiative with OpenAI. The

Oracle (ORCL) stock closed up by more than 7% on Tuesday amid reports of a joint venture with OpenAI and Softbank (SFTBY).

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.

Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.

Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.

SoftBank Group Corp, OpenAI, and Oracle Corp are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

US President Donald Trump announced that OpenAI, Softbank and Oracle (ORCL.US) will form a joint venture called Stargate with the goal of building AI infrastructure in the US, CBS reported. Trump said that he hopes to retain AI projects within the US and that the US must build power and other facilities swiftly,

Global stocks rose on Wednesday as a flurry of new policies from US President Donald Trump combined with robust corporate earnings to bolster investor optimism, while tariff uncertainty kept the dollar near two-week lows.

TOKYO (Reuters) - SoftBank (TYO: 9984) CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.

Trump announces Stargate – but it's a $500 billion AI project, not the sci-fi TV series! US President Donald Trump on Tuesday announced a private sector investment of up to $500 billion to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business-critical technology.