President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by SoftBank (SFTBF) CEO Masayoshi Son and Oracle founder Larry Ellison, the returning President told reporters the initiative will invest $500 billion—equivalent to almost 2 percent of the annual U.

The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.

OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.

Pres. Trump was joined by Larry Ellison, chairman of Oracle, Sam Altman, CEO of OpenAI, and Masayoshi Son, the CEO of Softbank at a White House news conference to announce the project, dubbed Stargate.

Yes, that's the name of a 1994 Roland Emmerich movie. It's now a big infrastructure project to help power tech giants' foray into AI.

Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount Global and Skydance Media, sources told The Post.

On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."

Shares of Nvidia (NASDAQ:NVDA) are jumping over 4% in morning trading after President Trump announced a $500 billion artificial infrastructure plan yesterday. As a key architect in existing AI infrastructure,

Nvidia’s market valuation surpassed Apple’s on Tuesday, making it the world’s most valuable publicly traded business once more. TakeAway Points: Nvidia’s market valuation overtook Apple’s, making it the world’s most valuable publicly traded business once more.

Oracle founder Larry Ellison said the Stargate project, a joint venture with OpenAI and Softbank, will help to fuel the development of a cancer vaccine.

We're learning more about a massive artificial intelligence infrastructure bill announced Tuesday by President Donald Trump.

Oracle chairman Larry Ellison has announced that AI will soon develop customised mRNA vaccine against cancer for every individual within 48 hours.