AI Stocks Jumped Last Week—Here's What You Need to Know

AI stocks soared last week after OpenAI announced a partnership with Oracle (ORCL) and SoftBank that could result in up to half a trillion dollars of investment in AI infrastructure over the next four years. The investment announced Tuesday adds to the enormous sums that tech giants have already said they’ll spend on data centers and other AI infrastructure in the coming years. Microsoft (MSFT) President Brad Smith said earlier this month that the company was “on track to invest approximately $80 billion t ...