OpenAI CEO Sam Altman speaks at the White House as a major investment deal between Oracle, SoftBank, and OpenAi is announced on January 21, 2025.Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL),
The White House is expected to announce a multibillion-dollar investment in American artificial-intelligence infrastructure from a joint venture of OpenAI, SoftBank and Oracle on Tuesday afternoon. The companies are committing $100 billion to the joint venture,
Live Updates Make sure to refresh this page periodically for updates. Earnings to Watch Today 9:37 am Here are some earnings to watch this morning. We’ll provide updates on other market movers as the day progresses.
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.
Chairman Larry Ellison highlighted the AI's potential in the development of mRNA-based cancer vaccines. Read more here.
President Donald Trump redecorated the Oval Office with many of the same artifacts from his first White House term.
The Trump Administration has announced an AI infrastructure joint venture in the U.S. named “Stargate,” comprised of OpenAI, SoftBank Group (OTC:SFTBF) (OTC:SFTBY), Oracle Corp (NYSE:ORCL), and Abu Dhabi’s MGX.
U.S. equities saw a mid-day rally on Wednesday, driven by excitement surrounding a new artificial intelligence (AI) initiative announced by the White House, as well as positive earnings reports from several key companies.
U.S. equities gained at midday Wednesday on an artificial intelligence initiative announced by the White House and strong earnings reports.
Major tech companies have launched the $500 billion 'Stargate' project to advance AI infrastructure in the US, creating 100,000 jobs.