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.”
'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.
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
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 ...
Fear of increased ICE raids have already negatively affected the nation’s agricultural sector, causing alarm that food prices ...
SoftBank Group CEO Masayoshi Son is shifting his focus away from investments in China and toward the US, as seen with his ...
In a significant address at Davos, President Trump unveiled plans to position the US as a global frontrunner in AI and cryptocurrency. Highlighting major investments, he emphasized a strategy of ...
Fortune reported that this announcement has put Sam Altman in the spotlight, much to the frustration of his former collaborator, Elon Musk. Musk, who has long been a major backer of Trump, was once ...
Billionaire DOGE director Elon Musk has lost favor among President Donald Trump’s allies after publicly trashing a $500 billion artificial intelligence venture. Unveiled by President Trump on Tuesday ...
As 2024 was drawing to a close, OpenAI CEO Sam Altman faced two major problems. He wasn’t getting enough server capacity from Microsoft, his company’s biggest backer, to stay ahead of rivals ...
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