Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,
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Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
· 2d · on MSN
SoftBank Shares Soar Over 9%: Investment Company Stock In Green After Trump's $500 Billion AI Investment Announcement
SoftBank, Oracle Stocks Jump After Trump Announces Stargate AI Venture
SoftBank, Oracle and others have very big artificial-intelligence spending plans with very little detail. Investors are very pleased. On Tuesday, the new Trump administration said the companies wou
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
MU Price Action: Micron Technology shares closed Thursday down 4.02% at $104.84, according to Benzinga Pro.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, the massive infrastructure project to build data centers for OpenAI across the U.S. SoftBank and OpenAI each plans to commit $19 billion of capital to Stargate,
Mr Donald Trump dismissed criticism from close ally Elon Musk about a US$500 billion AI project. Read more at straitstimes.com.
Read here for a financial analysis of Avride in the robotaxi market, potential investors, and implications for Nebius Group's valuation.
US President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a US$500-billion artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.
US President Donald Trump announced on Tuesday that ChatGPT's creator OpenAI, SoftBank, and Oracle are planning a joint venture called Stargate, which he said will build data centers and create more than 100,
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