Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”

Oracle (ORCL) stock jumped 7% on Tuesday — and continued its ascent in after-hours trading — as President Donald Trump announced it would be part of a $500 billion investment in AI infrastructure with other leading tech companies.

Google LLC, a division of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), has announced spending an additional $1 billion on the artificial intelligence startup Anthropic, a significant OpenAI competitor,

Microsoft (NASDAQ:MSFT), and Arm Holdings (NASDAQ:ARM) rallied after announcing a groundbreaking $500 billion artificial intelligence initiative with OpenAI. The

Oracle unveils new AI agents and generative AI features in Oracle Fusion Cloud Sales to enhance sales engagement & streamline processes. Gartner predicts B2B sales teams using generative AI will cut prospecting & customer-meeting prep time by over 50%.

Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build artificial intelligence infrastructure in the US.

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

The stock was also trending after Trump reportedly said at event on Tuesday that he would be open to Oracle chairman Larry Ellison or Tesla ( TSLA) CEO Elon Musk purchasing social media app TikTok, as part of a joint venture with the US government.

Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the company joined an OpenAI-led artificial intelligence (AI) joint venture named Stargate,

MILAN/PARIS (Reuters) - European industrial stocks such as Schneider Electric (EPA: SCHN) and Prysmian (BIT: PRY) surged on Wednesday as traders warmed up to prospects of their U.S. business after Donald Trump unveiled a new artificial intelligence (AI) investment push.