By Anissa Gardizy
Publication Date: 2026-02-24 04:08:00
Oracle shares fell 4.5% on Monday after The Information reported that the cloud company’s Stargate joint venture with OpenAI and SoftBank stalled following its eye-catching announcement at the White House in January 2025. Instead of the three companies jointly pursuing data center expansion, OpenAI entered into individual contracts with Oracle and SoftBank, but these fell short of OpenAI’s