The networking hardware company's share price ended the daily session up 6.8% and had been up as much as 8% earlier in trading. Meanwhile, the S&P 500 index closed out the day up 0.6%, and the Nasdaq ...

US President Donald Trump announced a USD 500 billion investment in AI infrastructure through a new company, which is being created in partnership with Oracle, SoftBank and Open AI. The venture, ...

The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.

On Tuesday night, President Donald Trump issued a pardon to Ross Ulbricht, who ran the dark web marketplace Silk Road under ...

OpenAI, Softbank and Oracle will join forces to create Stargate, a new company investing $500 billion in AI infrastructure.

Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the infrastructure project to build data centers for ...

Both the Stargate announcement and the revocation of the AI safeguard Biden had put in place sparked widespread criticism ...

President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to ...

OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.

Stargate officials say the company will immediately deploy $100 billion. Construction on the first Stargate-backed project, a data center in Abilene, is already underway. "This is a huge opportunity ...

The U.S. market "could be much bigger than we thought," Reitzes wrote, noting that most of the Stargate spending seems incremental to Nvidia. By his math, even $20 billion in additional spending on ...

Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.