Why the Oracle stock should not be missing in any portfolio!
Trump has vowed to make the U.S. a leading country in AI development. As one of his first actions on Monday, Trump lifted an executive order from former President Joe Biden that aimed to impose limits on AI development.
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Sam Altman, CEO of OpenAI, Masayoshi Son, CEO of SoftBank, and Larry Ellison, Chairman and CTO of Oracle (i), together with President Donald Trump, have announced an investment of up to $500 billion in artificial intelligence infrastructure in the U.S. The joint venture named "Stargate” is set to begin with a data center in Texas and will launch with an initial investment of $100 billion. Over the next four years, a total of up to $500 billion is to be invested. This initiative aims to accelerate developments in AI and embed it into various applications....
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