OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...

SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to ...

Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.

SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.

Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in the United States.

The Stargate announcement prompted immediate skepticism over whether it would come to fruition, or represented new spending ...

Hours later, Elon Musk publicly questioned whether the joint venture would ever get off the ground.Musk wrote on X, his ...

It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s ...

Trump on Tuesday talked up a joint venture investing up to USD 500 billion through a new partnership formed by OpenAI, the ...

Elon Musk and OpenAI CEO Sam Altman are in a dispute over the Stargate AI project proposed by Donald Trump, which aims to ...

U.S. stock index futures held steady Wednesday evening after the SP 500 hit a record high, driven by Netflixs strong earnings ...