InvestmentNews20h
Musk questions whether $100B AI venture backers have the money
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.
Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
Trump spokesperson pushes back on Musk Stargate criticism: ‘Those investments are coming’
White House press secretary Karoline Leavitt on Wednesday dismissed Elon Musk’s criticism of President Trump’s newly announced artificial intelligence (AI) infrastructure project. “That was
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
Micron Technology Shares Are Falling: What's Going On?
MU Price Action: Micron Technology shares closed Thursday down 4.02% at $104.84, according to Benzinga Pro.
Meet Masayoshi Son, the billionaire SoftBank founder helping fund the Stargate AI joint venture
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
Steve Bannon Rips Elon Musk's 'Out of Control' Stargate Comments
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
Oracle Rises, But Other AI Stocks Fall. Why Trump’s $500 Billion Funding Project Isn’t a Silver Bullet.
Shares in artificial intelligence data-center companies fell Thursday—the president’s $500 billion spending drive might raise more questions than answers.
Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
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.
OpenAI and SoftBank are reportedly putting $19B each into Stargate
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,
Trump waves off criticism from Elon Musk on AI announcement
U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.
Trump wants the US to create an AI action plan in 180 days, and former PayPal mafia member David Sacks is among those leading the push
"We're basically announcing the administration's policy to make America the world capital in artificial intelligence and to dominate and to lead the world in AI," Trump's AI and cryptocurrency czar, David Sacks, told reporters in the Oval Office on Thursday.
Elon Musk and Sam Altman Battle Over Stargate AI Project On The Internet
OpenAI and Musk have a long history and Altman continues to stroke the tension between the X AI founder on social media.
'I'm Good For $80 Billion': Satya Nadella's Response To Musk's No Money Claim
During a recent CNBC interview, when asked for a response over Musk's claims, Nadella said, "I am good for my $80 billion. I am going to spend $80 billion building out Azure. Customers can count on Microsoft with OpenAI models being there everywhere in the world, serving OpenAI models and other models."