The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his ...
It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s ...
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...
Elon Musk and OpenAI CEO Sam Altman are in a dispute over the Stargate AI project proposed by Donald Trump, which aims to ...
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.
The companies expect to commit $100 billion to Stargate initially and invest $500 billion into the venture over the next four ...
The disagreement centres around claims made by Musk that the funds promised for the project might not be available as expected.
SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to ...
The S&P 500 hit a record Wednesday as AI stocks rallied after President Donald Trump announced a $500 billion Stargate ...
The Stargate announcement prompted immediate skepticism over whether it would come to fruition, or represented new spending ...
In one of his first moves as the 47th President of the United States, Donald Trump announced a new US$500 billion project called Stargate to ...