Nvidia, Oracle share prices soar after reports claim Donald Trump's $500 billion AI infrastructure investment plan
Oracle plan a Texas-based joint venture called Stargate, and have committed $100 billion initially and then up to $500 billion into Stargate over the next four years, as per Reuters report.
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Trump will make an announcement about infrastructure at the White House at 4 p.m. EST (2100 GMT), Press Secretary Karoline Leavitt said Tuesday morning on «Fox & Friends.» CBS first reported the details of the expected announcement.
NYT News Service reported that President Donald Trump on Tuesday is expected to announce a joint venture among OpenAI, SoftBank and Oracle to create at least $100 billion in computing infrastructure to power artificial intelligence
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