OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things."

Anthropic's latest funding round will place it among the most valuable unlisted companies in the US. It's a group that includes SpaceX and OpenAI.

Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.

President Trump announced The Stargate Project, a massive AI infrastructure initiative that could cement the U.S. as the global leader in this technology. Explore its goals and implications.

Tech news outlet The Information first reported on an OpenAI data centre project called Stargate in March 2024, indicating that it had been in the works long before Trump announced it. View on euronew

Plus: Blue Origin and SpaceX launch big rockets, how magnets could guide lasers to make better computers, how to best work with your IT department and more.

As Sam Altman-run OpenAI announced the Stargate Project which intends to invest $500 billion over the next four years building new AI infrastructure in the US — with SoftBank, Oracle and MGX — Tesla and SpaceX CEO Elon Musk on Wednesday said “they don’t actually have the money”.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech

De-extinction company, Colossal Biosciences, secures $200M in funding to bring extinct species back to life using genetic engineering. It, thus, joins the Decacorn club with SpaceX and OpenAI.

Shares of DestinyTech 100 Inc., a closed-end fund that offers investors exposure to private companies such as SpaceX and OpenAI, are down 2.9% Friday following the explosion of SpaceX’s Starship ...