'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% to 10,060 yen, or equivalent to $64.69, on Wednesday in Tokyo, after climbing as much as 9.2% earlier, to their highest level since July.
OpenAI is putting its focus on AI infrastructure with Stargate at a time when rivals like China's DeepSeek are closing the ...
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
SoftBank Group Corp. (TYO:9984) and OpenAI have each pledged $19 billion to Stargate, a groundbreaking technology initiative ...
Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the ...
The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing ...
US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over ...
Salesforce CEO Marc Benioff said that the two AI leaders, Sam Altman and Mustafa Suleyman do not care for each other.
1don MSN
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
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