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,
Elon Musk Casts Doubt on Trump-Backed $500 Billion Stargate AI Project
Elon Musk raises concerns about the Trump-backed $500 billion Stargate AI Project, questioning SoftBank's ability to fund the initiative.
OpenAI, SoftBank each commit $19 billion to Stargate AI data center, the Information reports
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing OpenAI CEO Sam Altman speaking to colleagues. OpenAI and SoftBank did not immediately respond to Reuters' requests for comment.
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
Musk undermines Trump’s Stargate AI investment announcement, CNBC reports
Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge
SoftBank, OpenAI Plan $19 Billion Each for Stargate, Information Reports
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.
Musk Pours Cold Water on Trump-Backed Stargate AI Project
Hours later, Elon Musk publicly questioned whether the joint venture would ever get off the ground.Musk wrote on X, his social-media platform, that two of the companies behind the project didn’t have enough capital to follow through on their pledges.
Elon Musk Questions Funding of Trump's Stargate AI Project: Live Updates
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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 ...
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.
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 ...
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What Companies Does SoftBank Own?
The author and editors take ultimate responsibility for the content. SoftBank Group (SFTBF 8.38%) is a Japanese holding company that focuses on investment management. The company was formerly a ...
Elon Musk Is Already Playing Spoiler to Trump's AI Plans
But within hours of the announcement, SpaceX CEO Elon Musk had already started taking shots at Trump's highly touted project.
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Trump 2.0 First Tech Moves: Innovation or Big Tech Oligarchy?
Explore the pros and cons of the first round of technology developments from President Trump's first week in office. What impact will his bold tech moves have?
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.
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Juan Felipe Sandoval Rueda
EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...