Comment on Stargate AI project news sends Oracle and SoftBank stock prices soaring

Stargate AI project news sends Oracle and SoftBank stock prices soaring

Announced on Day One of Trump’s second term, the news indicates that artificial intelligence is going to be a priority for the incoming administration. Software giant Oracle and Japan’s SoftBank Group saw their share prices rise by double digits on Wednesday morning. The boost came in the wake of an announcement yesterday by President Trump that the firms will be part of a joint venture meant to create hundreds of billions of dollars in artificial intelligence infrastructure.

 

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