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Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
SoftBank 'doesn't have the money' for $500 billion Stargate AI infrastructure investment plan - Musk
President Trump announced on Tuesday a massive AI infrastructure project involving OpenAI, Oracle (NYSE:ORCL), and SoftBank (TYO:9984), with an investment plan of up to $500 billion. This project, named Stargate,
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.”
Trump open to letting Elon Musk or Larry Ellison buy TikTok
Investing.com-- President Donald Trump said on Tuesday that he would be open to letting Tesla (NASDAQ: TSLA) CEO Elon Musk or Oracle (NYSE: ORCL) head Larry Ellision purchase TikTok under a joint venture with the U.S. government.
OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.
‘Big Money and High Quality People’: Stargate Joint Venture to Invest in U.S. AI Infrastructure
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity generation in Texas to support U.S. AI development.
SoftBank, OpenAI, And Others To Launch $500 Bln AI Data Center Company 'Stargate'
Leading technology companies have revealed plans to form a new company, named Stargate, with the goal of enhancing the AI
12h
Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla ...
2h
Trump's AI push, Netflix surges, possible TikTok buyers: 3 Things
Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in ...
3h
Dow Jones Today: Stock Futures Rise as Investors Digest Earnings Reports; Netflix Soars After Strong Results
Stocks are poised to open higher on Wednesday, extending a rally that has put major indexes within sight of record highs.
10h
Oracle shares rise 9% after Trump unveils $500 bln AI plan
Oracle shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a ...
56m
Stock Market Today: Dow edges up, Nasdaq and S&P 500 surge after Netflix earnings, Trump's AI initiative. Oracle, Nvidia shares rise.
Get ready for Wednesday's trading day that will be colored by AI enthusiasm and big-tech earnings expectations.
1h
People are buying the wrong stock thinking it's part of OpenAI's Stargate Project
MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate project. There’s just one minor problem — it’s the stock ticker for the wrong ...
56m
Apple Stock Is Sliding. It Might Just Be the Beginning.
Apple shares are close to key support. Breaking below $217 would bring $208 into play, according to technical stock market analysts.
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