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.”
Elon Musk Raises Concerns Over $500 Bn Stargate AI Project By OpenAI, SoftBank
Elon Musk, CEO of Tesla and SpaceX, has expressed doubts about the financial viability of the USD 500 billion Stargate AI Project, a collaboration between OpenAI and SoftBank Group. Musk questioned SoftBank's ability to fund the massive initiative,
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
Group, led by Japanese billionaire Masayoshi Son, plans to approach private equity firms Apollo Global Management (NYSE:APO) ...
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.
The rapid development of AI systems over the past two years has stretched American infrastructure, with data centres emerging as a particular bottleneck. Cutting-edge chatbots such as OpenAI’s ChatGPT ...
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on ...
Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the ...
President Trump announced The Stargate Project, a massive AI infrastructure initiative that could cement the U.S. as the ...
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