The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

President Donald Trump announced a new partnership with SoftBank, Oracle and OpenAI that will invest $500 billion in artificial intelligence over the next four years.

OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure.

YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.

Both the Stargate announcement and the revocation of the AI safeguard Biden had put in place sparked widespread criticism ...

OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.

Stargate officials say the company will immediately deploy $100 billion. Construction on the first Stargate-backed project, a data center in Abilene, is already underway. "This is a huge opportunity ...

The U.S. market "could be much bigger than we thought," Reitzes wrote, noting that most of the Stargate spending seems incremental to Nvidia. By his math, even $20 billion in additional spending on ...

Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a ...

President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial ...

Netflix, Oracle and other tech stocks lifted U.S. indexes as their profits pile higher and excitement builds around AI's ...