Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 hours.
Chairman Larry Ellison highlighted the AI's potential in the development of mRNA-based cancer vaccines. Read more here.
Billionaire Larry Ellison’s backing of Stargate could help grease the wheels for the embattled merger between Paramount Global and Skydance Media, sources told The Post.
On his second day in office, President Donald Trump shook up the tech world when he announced Stargate, a $500 billion investment into infrastructure for artificial intelligence (AI). Oracle (ORCL), SoftBank (SFTBY),
Why is Oracle stock soaring today? Here's what investors should know about the AI stock's recent price movement.
President Donald Trump announced the $500 billion Stargate Project in Texas to advance AI research, starting with a data center in Abilene.
Shares of Oracle ( ORCL 6.97%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
During a speech at the White House on Tuesday, Ellison emphasized AI's ability to detect cancer early through blood tests and its crucial role in creating individualized vaccines rapidly. This announcement has sparked investor interest in companies engaged in AI-driven drug discovery,
Key Takeaways The S&P 500 advanced 0.6% on Wednesday, Jan. 22, 2025, following the announcement of major AI investments and a string of positive earnings releases.Netflix shares took off after the video streamer topped quarterly estimates and reported strong subscriber additions.
Despite the significant enthusiasm surrounding President Trump's artificial intelligence announcement, Stargate Project, several tech executives have questions. Read for more.