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,
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.
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
Elon Musk raises concerns about the Trump-backed $500 billion Stargate AI Project, questioning SoftBank's ability to fund the ...
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 ...
Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of ...
Altman took to X to dispute Musk's characterisation on Wednesday, calling it wrong and suggesting Musk was upset because the ...
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
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 ...
Meanwhile, SoftBank Group Corp has had talks with OpenAI about ... typically a couple of times a year. For example, SpaceX and Stripe have organized multiple such deals. That structure can ...
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