Even so, Mr Ellison remains the world’s fifth-richest man, and Oracle the third-biggest software firm. He has a thing or two to teach fellow tech titans, in particular his friend Elon Musk, about staying power.

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

Larry Ellison, co-founder and chief technology officer ... who's backed ventures such as Uber and WeWork. Oracle, which has a large campus in Austin, saw its stock jump more than 7% during normal ...

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

President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.

Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.

Joining Trump fresh off his inauguration at the White House were Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle. All three credited Trump for helping to make the ...

Joining Trump fresh off his inauguration at the White House were Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle. All three credited Trump for helping to make the ...

Joining Trump for the announcement fresh off his inauguration will be Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle. Son, a billionaire based in Japan, already ...

This follows the announcement of Stargate, a $500 billion initiative by SoftBank, OpenAI, and Oracle aimed at keeping the U.S. ahead in the global AI race.

Davos | San Francisco | SoftBank is in talks to invest as much as $US25 billion ($40 billion) into OpenAI, in a deal which would make it the ChatGPT maker’s biggest financial backer, as the pair partner on a massive new artificial intelligence infrastructure project.

Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than 100,000 jobs. He made clear that the initiative is aimed at thwarting China and its AI efforts.