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Oracle Corporation's stock surged nearly 9% trading, following U.S. President Donald Trump's revelation of a $500 billion investment into the country's artificial intelligence (AI) infrastructure.

Named "Stargate," this initiative sees Oracle partnering with AI pioneers OpenAI and tech investor SoftBank.

Trump announced the plan at the White House on Tuesday, detailing how the investment would bolster America's AI capabilities.

Oracle's shares, which had already risen by 7% during regular trading the previous day, saw an additional 3% increase after the market closed, buoyed by the news.

The Stargate project aims to enhance the U.S.'s technological edge by significantly expanding AI infrastructure, potentially through new data centers and research facilities. This move is part of a broader strategy to ensure U.S. leadership in AI, amidst growing global competition.

Market analysts are optimistic about Oracle's involvement, seeing it as a strategic move to position the company at the forefront of AI technology.

This could lead to new business opportunities, partnerships, and innovations for Oracle, which has been expanding its cloud and AI offerings.

However, the success of such an ambitious project will depend on execution, technological advancements, and navigating the complex landscape of AI ethics and regulation.

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