Tech stocks are likely to pace early gains in the Wednesday session, however, following the unveiling of a new AI joint venture called 'Stargate' that will include an initial $100

President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.

President Donald Trump stood with one of San Francisco’s top tech tycoons inside the White House on Tuesday to announce a $500 billion artificial intelligence project, dubbed “Stargate.” Trump held a press conference alongside Sam Altman of OpenAI and Larry Ellison of Oracle to reveal to hefty investments for creating infrastructure to power

Key Takeaways Oracle shares surged Tuesday after reports that President Trump could soon announce an artificial intelligence initiative involving the software maker.Trump is expected to announce a joint venture involving Oracle,

Stargate "will be the most important project of this era,” OpenAI CEO Sam Altman said Tuesday alongside Trump.