Earlier this year, Oracle committed to investing $8 billion in cloud computing and AI infrastructure in Japan. This will include expanding its operations across Japan, from supporting Japanese ...

The joint venture, called Stargate, plans to invest $500 billion to help the United States stay ahead of China and other rivals in the global AI race, Trump said at the White House on Tuesday.

President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.

Oracle shares have jumped more than 33% this year, benefiting from cloud growth and the rise of artificial intelligence models.