The tech world is reeling after President Trump’s announcement of the Stargate Project, a $500 billion initiative designed to catapult the U.S. to AI supremacy.
The project, which will see SoftBank, OpenAI and Oracle Corp. ORCL join forces to build cutting-edge AI infrastructure, has immediate implications for key tech players like Microsoft Corp. MSFT and Oracle, as well as data centers, according to Goldman Sachs analyst Kash Rangan.
“The Stargate Project is solidifying the…
