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Oracle’s stock rose nearly 9% in pre-market trading on Wednesday following U.S. President Donald Trump’s announcement that the company, alongside OpenAI and SoftBank, will make significant investments in artificial intelligence infrastructure.
The new venture, Stargate, aims to invest $500 billion to help the U.S. maintain its lead over China and other competitors in the global AI race, Trump revealed at the White House on Tuesday.
Read More: rozkikhabrain
The new venture, Stargate, aims to invest $500 billion to help the U.S. maintain its lead over China and other competitors in the global AI race, Trump revealed at the White House on Tuesday.
Read More: rozkikhabrain