Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
OpenAI CEO Sam Altman speaks at the White House as a major investment deal between Oracle, SoftBank, and OpenAi is announced on January 21, 2025.Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL),
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.
Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”
Musk Clashes With OpenAI CEO Sam Altman Over Trump-Supported Stargate AI Data Center Project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires th
What to Know About 'Stargate,' OpenAI's New Venture Announced by Trump
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.
Musk casts doubt on Trump-backed Stargate project: 'They don't actually have the money'
Elon Musk has cast doubt on if there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by Trump on Tuesday.
SoftBank Joins OpenAI, Oracle in AI Pact Unveiled by Trump
SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.
Musk Casts Doubt on Trump’s $100 Billion A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.
What to know about 'Stargate,' the $500 billion AI infrastructure project touted by Trump
After scrapping the Biden administration’s executive order on artificial intelligence, President Donald Trump announced a ...
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Stock Market Today: Nasdaq Composite Jump as NVIDIA (NVDA) & Oracle (ORCL) Soar on $500 Billion 'Stargate' Announcement
Live Updates Make sure to refresh this page periodically for updates. Earnings to Watch Today 9:37 am Here are some earnings ...
Oracle surges, chip stocks rise as Trump unveils $500 bln AI plan
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a ...
Moderna spikes as Oracle’s Larry Ellison touts AI-driven mRNA vaccines
Chairman Larry Ellison highlighted the AI's potential in the development of mRNA-based cancer vaccines. Read more here.
Oracle's Larry Ellison Says Cancer Vaccine Tailored In 48 Hours Could Soon Be A Reality As Trump Announces $500 Billion AI Investment
Larry Ellison unveiled plans for an AI-driven cancer vaccine system that could deliver personalized treatments within 48 ...
White House to Unveil Artificial-Intelligence Infrastructure Investment
The White House is expected to announce a multibillion-dollar investment in American artificial-intelligence infrastructure ...
Trump announces $500 billion 'Stargate' AI venture headed by Oracle, OpenAI, SoftBank
Oracle stock jumped 6% on a report that Trump plans to announce billions of dollars in private sector investment to build ...
Photos show how the White House's decor has changed over the years
President Donald Trump redecorated the Oval Office with many of the same artifacts from his first White House term.