US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era -- Oracle boss Larry Ellison -- is making a surprise return.

President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.

SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI) endeavour President Donald Trump unveiled this week, the Information reported.

Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.

President Donald Trump said Tuesday that he would be in favor of Elon Musk or Larry Ellison purchasing TikTok and giving half ownership with the U.S. government.

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

President Trump, Softbank, OpenAI, Oracle and MGX announced details of the Stargate project, with an initial commitment of $100 billion

Chairman Larry Ellison highlighted the AI's potential in the development of mRNA-based cancer vaccines. Read more here.

OpenAI, Oracle and SoftBank have come together for this USD 500 billion project announced by US President Donald Trump

US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another player from another era – Oracle boss Larry Ellison – is making a surprise return.

“They have to produce a lot of electricity and we will make it possible for them to get that production done very easily, at their own plants if they want,” Trump said. “At the AI plant they will build energy generation and that will be incredible.” It’s unclear if building energy operations inside an AI data center is possible in practice.