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Oracle stock climbs 7% as Trump is expected to announce its joint AI venture with OpenAI and Softbank

found 22 Jan Quartz

qz.com › oracle-stock-trump-joint-venture-ai-openai-softbank-1851744190

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

People are buying the wrong stock thinking it's part of OpenAI's Stargate Project

found 22 Jan Quartz

qz.com › stargate-mgx-stock-openai-softbank-trump-musk-oracle-1851744836

This story seems to be about:

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 bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump

found 22 Jan Quartz

qz.com › elon-musk-stargate-ai-openai-trump-softbank-nvidia-1851744596

This story seems to be about:

Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.

US tech giants announce AI plan worth up to $500bn

found 22 Jan BBC News

www.bbc.com › news › articles › cy4m84d2xz2o

This story seems to be about:

OpenAI, Oracle and Softbank join forces to build artificial intelligence infrastructure.