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 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,
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
As Sam Altman-run OpenAI announced the Stargate Project which intends to invest $500 billion over the next four years ...
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative ...
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 ...
More Bonds of SoftBank Group Corp. Moody’s Daily Credit Risk Score About the SoftBank Group Corp.-Bond (XS1793255198) The SoftBank Group Corp.-Bond has a maturity date of 4/15/2028 and ...
As news trickled out about President Trump’s announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged.
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