Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
OpenAI CEO Sam Altman speaks at the White House as a major investment deal between Oracle, SoftBank, and OpenAi is announced on January 21, 2025.Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL),
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.”
Elon Musk undercuts Trump's Stargate AI investment announcement
Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. AI infrastructure.
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,
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.
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Oracle Stock Surges Pre-Market On Joining $500B Stargate AI Project Announced By Trump: Retail Turns Euphoric
Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the ...
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 ...
Microsoft CEO says he is good for Stargate money after Musk questions financing
CEO Satya Nadella shrugged off funding concerns raised by Elon Musk over the $500 billion AI infrastructure project, Stargate, spearheaded by President Trump.
Why Oracle Stock Is Soaring Today
Shares of Oracle ( ORCL 7.17%) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. The leg up comes as the ...
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...
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 ...
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Oracle Stock Price Soars After $500 Billion ‘Stargate’ AI Investment
Discover why Oracle stock is soaring, from AI projects like Stargate to cloud computing growth. Learn what’s driving its rise ...
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.
Stock Market Today: Dow edges up, Nasdaq and S&P 500 jump after Netflix earnings, Trump's AI initiative. Oracle, Nvidia shares rise.
U.S. stocks on Wednesday were extending their post-inauguration rally to a second day as Wall Street welcomed President ...