OpenAI and SoftBank (OTCPK:SFTBY) will commit $19B each to the artificial intelligence-focused Stargate Project, The Information reported. The four initial partners — OpenAI, SoftBank, Oracle (NYSE:ORCL) and MGX — will commit roughly $45B in total,

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

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.

Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the company joined an OpenAI-led artificial intelligence (AI) joint venture named Stargate,

The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and SoftBank is also up 12%. Oracle has gained 13%.

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 took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.

Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge

This law enforcement technology stock is branching out into AI. It is also looking to add to gains after posting stunning returns in 2024.

Oracle stock jumped after a report that the company is set to invest billions in an AI infrastructure buildout with Trump's backing.