'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...
On his second day in office, President Donald Trump unveiled a joint, private-sector venture to fund billions of dollars in U ...
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new ...
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go ...
The Stargate announcement prompted immediate skepticism over whether it would come to fruition, or represented new spending ...
The president said it will be the largest AI infrastructure ever built and that it will help counter technology threats from ...
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a ...
Shares in Japanese tech behemoth SoftBank Group soared more than eight percent on Wednesday after US President Donald Trump announced a major investment to build AI infrastructure.
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