President Trump announced on Wednesday the 'Stargate' initiative, focused on expanding artificial intelligence (AI) infrastructure in the US. Stargate is currently backed by SoftBank (SFTBY), Oracle (ORCL),

KeyBanc Capital Markets reiterated its Overweight rating on Microsoft Corporation (NASDAQ:MSFT) with a steady price target of $575.00. The tech giant, currently valued at $3.32 trillion, maintains a "GREAT" financial health score according to InvestingPro analysis,

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."

TD Cowen reiterated its Buy rating on Microsoft Corporation (NASDAQ:MSFT) stock, with a price target of $475.00. Currently trading at $445.42, Microsoft maintains a "GREAT" financial health score according to InvestingPro analysis.

Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.

LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties.

Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

The Stargate joint venture, led by SoftBank Group Corp. (TYO: 9984 ), OpenAI, Oracle, and Microsoft, with technology partners including NVIDIA Corporation (NASDAQ: NVDA) and Arm Holdings ADR (NASDAQ: ARM ), marks a major step in AI infrastructure development, analysts said

Microsoft’s (MSFT) absence from OpenAI’s Stargate announcement follows months of tension between the two companies and signals an era where the

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.