Oracle Among $500 Billion AI Investment Pledged by SoftBank, OpenAI

Oracle Stock Surges on AI Infrastructure Investment Announcement

Oracle (ORCL) shares soared 7% on Tuesday following a report indicating the company's involvement in a substantial $500 billion investment in AI infrastructure.

According to CBS News, President Trump is expected to announce a significant private sector initiative to develop artificial intelligence infrastructure within the United States. Oracle, OpenAI (the creator of ChatGPT), and SoftBank are among the entities reportedly involved in the joint venture.

Dubbed "Stargate," the project will reportedly commence with a data center project in Texas, with an initial investment of $100 billion pledged by participating executives. Further investment is expected to bring the total commitment to $500 billion over time. Key individuals expected to attend the announcement include Masayoshi Son (SoftBank CEO), Sam Altman (OpenAI CEO), and Larry Ellison (Oracle CEO).

This news comes amid President Trump's recent actions, including the signing of executive orders that revoke Biden-era safety guidelines for AI. The president's inauguration drew the presence of major tech leaders like Jeff Bezos, Mark Zuckerberg, and Tim Cook, signaling a warming relationship between the sector and the administration.

Investors should monitor the latest developments, including the release of details on Trump's tariff plans.

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Oracle Among $500 Billion AI Investment Pledged by SoftBank, OpenAI

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