Oracle (ORCL) stock is surging in Wednesday after President Donald Trump unveiled The Stargate Project, which will invest up to $500 billion to build artificial intelligence (AI) infrastructure in the United States over the next four years.
The Stargate Project is a new company formed and funded by Japanese investment firm SoftBank, OpenAI, Oracle and technology investment firm MGX.
“This infrastructure will secure American leadership in AI, create hundreds of thousands of American jobs, and…
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https://www.kiplinger.com/investing/stocks/oracle-orcl-stock-surges-on-trumps-stargate-project
